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China INE crude price soars on OPEC+ production cuts

Guangzhou (JLC), October 10, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) increased significantly on Monday, amid expectations of tighter supply following n

10-10-2022 17:28:51

INE crude rallies on production cuts from US and Canada

The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Monday, bolstered by the news of a reduction in crude output from the United States and Canada.

08-24-2020 18:46:24

INE crude edges down as OPEC+ plans to ease production cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) dropped slightly on Thursday, as OPEC+ plans to relax the production cuts.

07-16-2020 18:36:22

INE crude slips on fading support from OPEC+ production cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Tuesday, after support faded from the extension of OPEC+ production cut deal and Libya’s largest oil field came back on line.

06-09-2020 19:12:31

INE crude slips on uncertain production cut, stronger yuan

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated slightly on Wednesday, as market players doubted whether a production cut would be reached and yuan strengthened.

04-09-2020 10:52:27

INE crude rises on expectation of large production cut

The price of crude futures on the Shanghai International Energy Exchange (INE) climbed on Tuesday, because of the expectation of a large production cut deal.

04-07-2020 18:49:12

INE crude rises on news about production cut

The price of crude futures on the Shanghai International Energy Exchange (INE) climbed on Friday, after after US President Donald Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels per day.

04-03-2020 21:56:27

INE crude dives on uncertain production cuts, demand worries

The price of crude futures on the Shanghai International Energy Exchange (INE) tumbled again on Friday, as OPEC’s proposal for a bigger production cut was not accepted by Russia yet and demand worries lingered.

03-06-2020 22:33:52

INE crude rallies on expected production cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) climbed on Tuesday, as bigger production cuts by OPEC and its allies are expected.

03-03-2020 20:59:00

INE crude rises on OPEC production cuts

The price of crude futures on the Shanghai International Energy Exchange (INE) recouped more loss on Thursday, as OPEC's February report showed quite a large cut in its members’ production in January.

02-13-2020 19:09:17

INE crude drops on uncertain production cuts, demand worries

Guangzhou (JLC), February 10, 2020--The price of crude futures on the Shanghai International Energy Exchange (INE) dropped on Monday, as Russia said it would take several days before the country decided on further production cuts and demand worries lingered.

02-10-2020 19:38:14

INE crude rises on OPEC+ production cuts, weaker yuan

Guangzhou (JLC), December 9, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform extended gains on Monday, as OPEC+ had agreed to bigger production cuts and Chinese currency weakened.

12-09-2019 19:14:38

INE crude drops on uncertainty about OPEC production cuts

Guangzhou (JLC), December 2, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform dropped sharply on Monday, largely because of the uncertainty about OPEC's decision to deepen its production cuts.

12-02-2019 19:10:38

INE crude rises on OPEC production cut, weaker yuan

Guangzhou (JLC), November 22, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform climbed on Friday, as OPEC may extend its production cut deal until the middle of 2020 and Chinese currency weakened further.

11-22-2019 18:00:59

INE crude retreats on doubt about production cuts

Guangzhou (JLC), November 13, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform retreated on Wednesday, as there was doubt about further production cuts by OPEC.

11-13-2019 18:03:05

INE crude rallies on expectation of more production cuts

Guangzhou (JLC), October 25, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform extended gains on Friday, because of expectation of larger production cuts by OPEC and a de-escalating trade war.

10-25-2019 18:40:44

INE crude rises on Saudi commitment to production cuts

Guangzhou (JLC), September 10, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform climbed further on Tuesday, as Saudi Arabia's new energy minister repeated the country's commitment to production cuts.

09-10-2019 19:24:44

Diesel prices rally in July amid production cuts

Beijing (JLC), July 31, 2019--China's wholesale diesel prices averaged at CNY6,832/mt on July 26, hitting year's highs, JLC data shows.

07-31-2019 15:53:13

INE crude prices rebound on production cuts

Guangzhou (JLC), June 10, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform rebounded on Monday, because of production cuts.

06-10-2019 18:50:59

INE crude prices rise on production cuts, weaker yuan

The prices of SC crude futures on the Shanghai International Energy Exchange (INE) edged higher on Wednesday, because of production cuts and the depreciation of Chinese currency.

03-20-2019 19:32:11

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