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INE crude price rallies as China to ease monetary policy

Guangzhou (JLC), May 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Wednesday after China announced a package of monetary policy measures to b

05-07-2025 18:35:21

China INE crude price retreats on new US tariff policy

Guangzhou (JLC), April 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after US President Donald Trump announced reciprocal tariffs on

04-03-2025 19:17:48

China INE crude price dips on concerns over Trump’s tariff policy

Guangzhou (JLC), March 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday amid concerns over US President Donald Trump’s proposed tariffs.

03-03-2025 18:46:41

Policy tailwind may bolster Zhoushan’s bonded bunkering

Guangzhou (JLC), November 28, 2024--China’s State Council has recently approved a plan outlining the future development of the China (Zhejiang) Pilot Free Trade Zone (“the Zhejiang FTZ”).

11-28-2024 18:47:14

China INE crude price rises on China’s economic stimulus policy

Guangzhou (JLC), January 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased Thursday, after China’s central bank announced a cut in the reserve requ

01-25-2024 19:16:15

Fuel prices on 4-day bull run amid stronger crude and tax policy

Guangzhou (JLC), July 6, 2023 – Domestic gasoline and diesel prices have extended an uptrend since the beginning of this week, tracking international crude and boosted by the announcement of tax.

07-06-2023 18:59:06

Chinese regions roll out policy on diesel as hazardous chemicals

Guangzhou (JLC), December 15, 2022--Some Chinese regions have rolled out new policies on the license for diesel business, echoing the country’s new regulations on diesel.

12-15-2022 17:26:59

INE crude crashes on OPEC+ policy, virus-related fears

Guangzhou (JLC), July 20, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) plunged on Tuesday, when the prospect of monthly increments in oil supply from OPEC+ coincided with surging COVID-19 infections because of the faster-spreading Delta variant.

07-20-2021 18:53:33

INE crude volatile on undecided OPEC+ production policy

Guangzhou (JLC), July 7, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) was highly volatile on Wednesday, amid the uncertainties of OPEC+’s production policy.

07-07-2021 20:16:30

INE crude rises on unchanged OPEC+ cut policy, demand prospect

Guangzhou (JLC), June 2, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rose further on Wednesday, as OPEC+ agreed to maintain its production cut plan while its demand projection remained bullish.

06-02-2021 20:00:40

INE crude soars as OPEC+ maintains its cut policy

The price of crude futures on the Shanghai International Energy Exchange (INE) soared on Friday, as OPEC+ will maintain largely its current production cuts through April and Saudi Arabia decided to keep its extra cuts for another month.

03-05-2021 19:05:32

INE crude rises further as OPEC+ maintains its output cut policy

The price of crude futures on the Shanghai International Energy Exchange (INE) climbed on Thursday, after OPEC+’s monthly meeting ended with no changes in the group’s production cut plan.

02-04-2021 19:46:43

Shandong announces policy on reporting illegal unit construction

Shandong has lately released a notice on establishing a system for people to report illegal unit construction in the oil refining and chemical industry, to stem illegal construction and promote healthy development.

07-13-2020 14:13:38

China bonded bunker market amid IMO2020: Market improves amid policy support

China bonded LS bunker fuel market up under IMO sulfur limits

06-18-2020 10:37:04

Brightoil halts sales of oil carriers amid China's support policy on private enterprise

Brightoil Petroleum, once in financial difficulties, decided not to sell 15 oil carriers due to the growth of the crude oil market and the support of the state's bail-out policy for private enterprises.

11-28-2018 16:33:57

Policy guarantee holds the key in boosting ethanol gasoline

Beijing (JLC), August 30, 2018--Policy guarantee matters importantly in promoting ethanol gasoline across China. The country will extend the use of ethanol gasoline to 15 other cities and provinces this year, in addition to 11 pilot provinces and regions under the country’s previous plan.

08-30-2018 16:11:46

The way out for ethanol gasoline upon the tariff hike policy

On March 23, 2018, the Ministry of Commerce issued a list of suspension of concessions in responding to the Section 232 Duties by the United States of America (US) on Steel and Aluminum Products imports, intending to increase the tariffs on certain products imported from the United States.

03-26-2018 15:31:31

Tax exemption policy for China crude oil futures

The Ministry of Finance of the PRC issued the "Notice on Supporting the Taxation Policy for Crude Oil and Other Goods Futures Markets Opening".

03-22-2018 09:52:27

Blockbuster policy for green energy challenges refined products

China Ministry of Transport issued the "Opinions of the Ministry of Transport on Promoting the Development of Green Transportation in an All-Round Way", aiming to establishing a green transportation system that is scientific and eco-friendly, clean and low-carbon, intensive and high-efficiency.

12-15-2017 17:06:26

Central enterprises acquired private refineries probably for the policy dividends

Recently, Qilu Transportation Service Development obtained 40% shares in Dongying Lianhe Petrochemical by injecting CNY1 billion, being the fourth reorganization in petrochemical industry for the year.

05-18-2017 14:50:16

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