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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 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 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 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

China INE crude price rallies as Russia plans to extend output cut

Guangzhou (JLC), March 22, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Wednesday, after Russia announced that it will extend its output cut th

03-22-2023 18:45:03

China INE crude price edges up on possible OPEC+ output cuts

Guangzhou (JLC), September 30, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) increased slightly on Friday, amid the expectation that OPEC+ may agree to cut c

09-30-2022 19:49:26

China’s petroleum asphalt exports down on output cut in April

China’s petroleum asphalt exports decreased year on year in April 2022, owing to the continuously shrinking output amid slimming profits and unit maintenance.

05-25-2022 15:30:14

INE crude rallies as OPEC+ holds firm on current output cuts

Guangzhou (JLC), April 28, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) increased on Wednesday, as OPEC+ maintained current production cut policy, despite a build in the US crude inventories.

04-28-2021 19:12:39

INE crude slips on expectation of easing output cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Friday, amid downward pressure from an expected easing of OPEC+ production cuts.

02-26-2021 18:25:04

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

China slows kerosene output cut as demand keeps recovering

China continued to narrow the cut in its kerosene production in November 2020, as domestic jet fuel demand kept recovering when the coronavirus was well under control in China and the country's economic recovery picked up steam.

12-21-2020 14:35:59

INE crude rises as OPEC+ to relax output cuts at slower pace

The price of crude futures on the Shanghai International Energy Exchange (INE) climbed on Friday, as OPEC+ has finally reached an agreement on a milder production increase for January next year.

12-04-2020 19:40:22

INE crude drops further on spiking cases, easing of output cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated further on Friday, amid worsening pandemic and OPEC+’s relaxation of productions cuts.

07-17-2020 19:26:32

INE crude soars as OPEC+ output cuts extend

The price of crude futures on the Shanghai International Energy Exchange (INE) soared on Monday with the extension of OPEC+ production deal and a sharp increase of Saudi Aramco’s offical selling price.

06-08-2020 19:24:35

INE crude retreats amid uncertain output cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Thursday with weak production compliance from some OPEC+ members in May, despite a decline in the U.S. crude production and inventory.

06-04-2020 19:08:35

INE crude rallies on much weaker yuan, hope for output cuts

Guangzhou (JLC), December 5, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform rebounded on Thursday, as Chinese currency tumbled and the market was expecting extended production cuts by OPEC.

12-05-2019 19:09:45

INE crude rallies on expectation of more output cuts, weaker yuan

Guangzhou (JLC), August 9, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform rebounded slightly on Friday, because of expectation of more production cuts by OPEC and weaker Chinese currency.

08-09-2019 19:06:09

SC crude futures prices rise on output cut, weaker yuan

Crude futures prices on the Shanghai International Energy Exchange (INE) platform climbed on Friday, largely due to a production cut by OPEC and weaker yuan.

01-18-2019 17:39:50

Crude price fell as Russia showed ambiguous attitude on extending output cut period

On November 20th (Monday), crude oil price declined as Russia considered it too early to determine whether to extend the output cut deal and USD rebounded, although most OPEC oil-producing countries supported output cut deal extension.

11-21-2017 13:59:14

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