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CNOOC begins production at Kenli 10-2 oilfield (Phase I)

Guangzhou (JLC), July 23, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced on July 22 the commencement of production at Phase I of the Kenli 10-2 oilfield cluster developmen

07-23-2025 15:55:30

China INE crude price dips on easing supply concerns

Guangzhou (JLC), July 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Tuesday as market concerns about U.S. sanctions on Russian oil

07-15-2025 19:01:35

China INE crude price climbs further on Middle East tensions

Guangzhou (JLC), July 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday, still supported by geopolitical tensions in the Middle

07-10-2025 18:06:38

China INE crude price rallies on easing worries over more OPEC+ supply

Guangzhou (JLC), July 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday as concerns over rising supply from OPEC+ eased.

07-08-2025 18:53:19

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guan?gzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

China INE crude price drops as OPEC+ may boost output further

Guangzhou (JLC), June 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday amid expectations of another production increase by OPEC+

06-30-2025 18:49:49

China INE crude price plummets on Iran-Israel ceasefire

Guangzhou (JLC), June 25, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged further on Wednesday due to a ceasefire between Iran and Israel.

06-25-2025 18:38:16

Crude stocks at Shandong ports drop as consumption rebounds

Guangzhou (JLC), June 19, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped in the week ending June 19, as local independent refiners’ consumption rebounded.

06-19-2025 18:37:42

Crude stocks at Shandong ports rise as consumption slows down

Guangzhou (JLC), June 12, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week ending June 12, as local independent refiners’ consumption slowed down further.

06-12-2025 18:24:00

INE crude price up as optimism about China-U.S. trade talks grows

Guangzhou (JLC), June 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, lifted by hopes for progress in China-U.S. trade talks.

06-10-2025 18:55:03

China's May crude imports drop as demand weakens

Guangzhou (JLC), June 9, 2025--China's crude imports dropped to an average level in May 2025, as demand weakened amid peak refinery maintenance.

06-09-2025 16:16:24

INE crude price up on easing worries over China-U.S. trade tensions

Guangzhou (JLC), June 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, as concerns over China-U.S. trade tensions eased after a phone ca

06-06-2025 18:52:37

Shandong independents’ feedstock unloading decreases in May

Guan?gzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

China INE crude price down as Trump’s tariffs remain in effect

Guangzhou (JLC), May 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after a U.S. appeals court reinstated Trump’s tariffs.

05-30-2025 18:56:43

China INE crude price rallies as Trump extends EU tariff deadline

Guangzhou (JLC), May 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday following U.S. President Donald Trump’s decision to delay the 50%

05-26-2025 18:52:09

ZPC pushes ahead with crude oil terminals and storage base project

Guangzhou (JLC), May 26, 2025--Zhejiang Petroleum and Chemical (ZPC) Jintan Logistics Co. is pushing ahead with its crude oil terminals and storage base in Zhoushan, according to official reports.

05-26-2025 18:06:56

China INE crude price up as prospects of US-Iran nuclear deal weakens

Guangzhou (JLC), May 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Tuesday as the United States and Iran are still disputing the “red line” of

05-20-2025 18:57:15

Chinese refineries slash April crude runs on maintenance

Guangzhou (JLC), May 19, 2025--Chinese refineries processed much less crude oil in April 2025 when they entered peak maintenance.

05-19-2025 11:28:11

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

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

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