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CNOOC's net profit drops 7.9% in Q1 2025

Guangzhou (JLC), April 30, 2025--CNOOC's net profit fell by 7.9% year on year in the first quarter (Q1) of 2025 amid lower oil prices, according to the company's quarterly report released on April 29.

04-30-2025 18:51:59

Singapore’s daily bunker fuel sales drop in March

Guangzhou (JLC), April 28, 2025--Singapore’s daily bunker fuel sales dropped in March, according to the data from the Maritime and Port Authority of Singapore (MPA)

04-28-2025 17:31:09

China PTA exports drop on year in March

Shandong (JLC), April 27, 2025--China PTA imports in March 2025 totaled 2,500 mt, while the exports totaled 289,800 mt, down by 93,200 mt or 24.33% year on year.

04-27-2025 17:15:36

State-owned refinery run rates drop for six weeks on maintenance

Guangzhou (JLC), April 25, 2025--As of the week ending April 23, Chinese state-owned oil refineries' run rates dropped for six weeks in a row, because of increasing refinery maintenance.

04-25-2025 14:15:42

Crude stocks at Shandong ports drop further as unloading slows down

Guangzhou (JLC), April 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 24, as cargo unloading has lately slowed down.

04-24-2025 18:29:41

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

China's apparent diesel consumption drops 6.8% in March

Guangzhou (JLC), April 22, 2025--China's apparent consumption of diesel decreased by 6.80% year on year in March 2025, as domestic production saw a decline.

04-22-2025 17:39:08

China’s fuel oil output drops on year in March

Guangzhou (JLC), April 21, 2025--China’s fuel oil output dropped year on year in March, mainly because of more unit maintenance and PetroChina’s production adjustment.

04-21-2025 19:06:31

China’s gasoline and diesel output drops further in March

Guangzhou (JLC), April 21, 2025--China’s gasoline and diesel production continued to fall in March 2025 because of more refinery maintenance.

04-21-2025 14:54:49

Crude stocks at Shandong ports drop further on low unloading

Guangzhou (JLC), April 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 17, as outbound delivery outpaced relatively low unloading.

04-17-2025 18:51:32

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

China INE crude price records fifth straight drop

Guangzhou (JLC), April 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Thursday, the fifth decrease in a row, due to an escalating tra

04-10-2025 19:31:42

State-owned refinery run rates drop further on maintenance

Guangzhou (JLC), April 10, 2025--Chinese state-owned oil refineries' run rates extended drops this week, as refineries that started maintenance earlier continued to lower their crude runs and one more

04-10-2025 18:35:54

China's CPI and PPI both drop in March

Guangzhou (JLC), April 10, 2025--China's consumer price index (CPI), a main gauge of inflation, fell 0.1% year on year in March, slowing from a 0.7% decline in February, data from the National Bureau

04-10-2025 17:41:04

State-owned refinery run rates drop again on turnarounds

Guangzhou (JLC), April 3, 2025--Chinese state-owned oil refineries' run rates extended drops in early April, as a refinery ground to a halt and CNOOC Huizhou Petrochemical began to shut a CDU.

04-03-2025 18:25:49

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

China INE crude price drops on possible Saudi oil price cut

Guangzhou (JLC), March 31, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Monday amid expectations that Saudi Arabia may slash crude price

03-31-2025 19:04:30

China’s fuel prices rally after seven weeks of drops

Guangzhou (JLC), March 28, 2025--China’s wholesale gasoline and diesel prices rallied in late March, after drops in seven consecutive weeks, because of rising international crude prices and pre-holid

03-28-2025 18:49:27

State-owned refinery run rates extend drops on more turnarounds

Guangzhou (JLC), March 28, 2025--Chinese state-owned oil refineries' run rates declined further in late March, because of more refinery turnarounds.

03-28-2025 17:13:28

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

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