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Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Shandong independents' run rates slip for fifth week in a row

Guangzhou (JLC), April 30, 2025--Shandong independent refiners' operating rates fell for the fifth consecutive week in the week ending April 30, JLC’s data shows.

04-30-2025 18:22:24

Shandong independents' run rates drop for four weeks in a row

Guangzhou (JLC), April 23, 2025--Shandong independent refiners' operating rates fell for four consecutive weeks in the week ending April 23, as refinery maintenance increased.

04-23-2025 18:58:40

Shandong independents' run rates drop for 3 weeks straight

Guangzhou (JLC), April 16, 2025--Shandong independent refiners' operating rates fell for three weeks straight in the week ending April 16.

04-16-2025 18:56:47

Independents’ crude refining margins surge as costs tumble

Guangzhou (JLC), April 9, 2025--Shandong-based independents’ crude refining margins surged in the week to April 9, due to a slump in crude costs, despite a decline in their sales revenue.

04-09-2025 18:57:19

Shandong independents’ run rates slip further on maintenance

Guangzhou (JLC), April 9, 2025--Shandong independent refiners’ operating rates extended losses in the week ending April 9 following the shutdown of a refinery for maintenance.

04-09-2025 18:54:10

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based independents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

Shandong independents’ run rates retreat as maintenance counters restart

Guangzhou (JLC), March 19, 2025--Shandong independent refiners’ operating rates retreated in the week ending March 19, after a crude distillation unit (CDU) came offline for maintenance.

03-19-2025 19:00:03

Shandong independents' run rates extend falls in February

Guangzhou (JLC), March 6, 2025--Shandong-based independent refiners' operating rates moved lower in February because of two refinery turnarounds and maintenance at one crude distillation unit (CDU).

03-06-2025 13:51:05

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), February 26, 2025--Shandong independent refiners' operating rates declined again in the week ending February 26, the 11th week in a row, after another refiner began maintenance.

02-26-2025 18:18:48

Shandong independents' run rates drop further in mid-February

Guangzhou (JLC), February 19, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 19, as another refiner shut one of its CDUs for maintenance.

02-19-2025 18:45:54

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), February 12, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 12, due to more refinery maintenance and tightening feedstock supply.

02-12-2025 18:32:38

Shandong independents' run rates retreat in January

Guangzhou (JLC), February 10, 2025--Shandong-based independent refiners' operating rates came down in January because of unit maintenance.

02-10-2025 17:27:08

Shandong independents' run rates drop modestly around Chinese New Year

Guangzhou (JLC), February 6, 2025--Shandong independent refiners' operating rates dropped modestly around the Chinese New Year between late January and early February 2025, JLC's data shows.

02-06-2025 18:50:03

State-run refineries keep stable production during Spring Festival holiday

Guangzhou (JLC), February 6, 2025--Chinese state-owned refineries maintained stable production during the public holiday for the Spring Festival (January 28-February 4), according to their official We

02-06-2025 16:01:46

Shandong independents' run rates hit five-month low

Guangzhou (JLC), January 22, 2025--Shandong independent refiners' operating rates declined again and hit a five-month low in the week ending January 22, 2025, as refining margins worsened.

01-22-2025 17:54:32

Shandong independents' run rates drop to over-two-month low

Guangzhou (JLC), January 15, 2025--Shandong independent refiners' operating rates declined to a new low in over two months in the week to January 15, 2025.

01-15-2025 18:47:21

Shandong independents receive more imported feedstock in December

Guangzhou (JLC), January 10, 2025--Shandong-based independent refiners received more imported feedstock in the last month of 2024, amid expectation of growing demand.

01-10-2025 16:02:12

China INE crude price keeps rising on tighter OPEC supply

Guangzhou (JLC), January 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday following reports of lower production from OPEC and

01-08-2025 19:09:19

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