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Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CNOOC reported o

04-29-2025 15:34:27

INE crude price slips as OPEC+ may accelerates output increases

Guangzhou (JLC), April 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday on news that OPEC+ is considering an acceleration in output incre

04-24-2025 19:09:10

China’s crude output hits new high in March 2025

Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

INE crude price tumbles on OPEC+ output hike, US tariff concerns

Guangzhou (JLC), April 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted Monday on the announcement of a larger-than-expected OPEC+ output increase

04-07-2025 18:39:03

China INE crude price climbs on OPEC+ compensatory output cuts

Guangzhou (JLC), March 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increase on Friday after OPEC+ announced a plan for seven members to cut output.

03-21-2025 18:31:41

China INE crude price drops on prospect of OPEC+ output rise

Guangzhou (JLC), March 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday as OPEC+ decided to start a gradual output increase as planne

03-04-2025 18:29:43

China INE crude price slips despite OPEC+ output cut extension

Guangzhou (JLC), December 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday, despite OPEC+’s decision to postpone the phase-out of its

12-06-2024 19:13:49

China INE crude price rises again after OPEC+ delays output hike

Guangzhou (JLC), November 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday following reports of a further delay to OPEC+ producti

11-04-2024 18:41:30

Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

China INE crude price retreats on prospect of rising OPEC+ output

Guangzhou (JLC), September 2, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday due to the prospect of higher OPEC+ production from October a

09-02-2024 18:54:55

China’s naphtha output up 8.4% in H1 2024

Guangzhou (JLC), July 18, 2024--China’s naphtha production rose by 8.4% year on year in the first half (H1) of 2024, as domestic naphtha demand grew after more ethylene units came on stream.

07-18-2024 15:00:43

Output of Suizhong 36-1 oilfield hits 100 million mt

Beijing (JLC), June 25, 2024--Crude output of Suizhong 36-1 oilfield, the largest self-run offshore oilfield in China, has exceeded 100 million mt, its operator CNOOC said on June 23.

06-25-2024 11:40:12

China INE crude price falls despite OPEC+ output cut extension

Guangzhou (JLC), June 3, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Monday, despite the news of an extension of OPEC+ production cuts.

06-03-2024 18:17:39

China INE crude price rallies after OPEC+ extends output cuts to Q2

Guangzhou (JLC), March 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday after OPEC+ announced extensions of output cuts into the second q

03-04-2024 18:01:46

China INE crude price rallies on expectation of US shale oil output fall

Guangzhou (JLC), September 19, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after the Energy Information Administration (EIA) forecast

09-19-2023 19:31:17

China's jet fuel imports plunge as domestic output soars

Guangzhou (JLC), June 25, 2023--China slashed its jet fuel imports in the first five months of 2023 when domestic production soared.

06-25-2023 13:52:54

China INE crude price slips again on prospect of US shale oil output rises

Guangzhou (JLC), June 13, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) decreased further on Tuesday, as the US shale oil production is expected to grow.

06-13-2023 18:17:19

China’s March kerosene output hits 21-month high

Guangzhou (JLC), April 23, 2023--China’s kerosene production increased to a 21-month high in March, as domestic demand and overseas demand continued to grow.

04-23-2023 18:38:21

China INE crude price slips on potential US shale oil output increases

Guangzhou (JLC), April 18, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the expectation of rising shale oil production in the US,

04-18-2023 18:22:10

China INE crude price soars after OPEC+ announces new output cuts

Guangzhou (JLC), April 3, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged on Monday, after several OPEC+ members announced additional output cuts.

04-03-2023 19:02:53

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