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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

Yanchang Petroleum overfulfils January crude throughput plan

Guangzhou (JLC), February 12, 2025--Refineries under Shaanxi Yanchang Petroleum Group refined about 1.38 million mt of crude oil in the first month of 2025, completing 102.43% of the monthly plan, the

02-12-2025 15:29:53

Yanchang Petroleum's crude runs gain 4% in January-November

Guangzhou (JLC), December 13, 2024--Yanchang Petroleum Refining and Chemical's crude runs rose by 4.01% year on year in January-November 2024, according to data from the company.

12-13-2024 18:20:25

China INE crude price falls further on weak Eurozone economic data

Guangzhou (JLC), October 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday as weak economic data from the Eurozone raised demand

10-25-2024 18:34:18

Yanchang Petroleum to build 1.0 million cbm oil depot

Guangzhou (JLC), September 2, 2024--Shaanxi Yanchang Petroleum Group planned to construct a crude oil depot with a storage capacity of 1.0 million cubic meters (cbm), according to China Chemical Indus

09-02-2024 16:30:10

Yanchang Petroleum to build new CDU for integrated project

Guangzhou (JLC), August 28, 2024 – State-backed Shaanxi Yanchang Petroleum Group planned to build a new crude distillation unit (CDU) of 10 million mt/yr (200,000 barrels per day).

08-28-2024 17:39:52

Yanchang Petroleum to start up 800,000 cbm oil depot in June 2025

Guangzhou (JLC), June 19, 2024--Shaanxi Yanchang Petroleum (Group) is expected to put into operation an 800,000 cubic-meter (cbm) crude oil depot in late June 2025, which will be the largest crude sto

06-19-2024 14:54:55

China’s petroleum consumption will still grow in 2024: Sinopec

Guangzhou (JLC), January 29, 2024 – China’s petroleum consumption will continue to rise in 2024, although at a slower pace, largely driven by growth in chemicals and aviation fuel consumption.

01-29-2024 18:25:23

Yanchang Petroleum's crude runs set record high in 2023

Guangzhou (JLC), January 12, 2024--Yanchang Petroleum Refining and Chemical's crude runs set a new high in 2023, with a total of 14.47 million mt, the company said on its official website.

01-12-2024 16:20:33

China INE crude price down again on European recession fears

Guangzhou (JLC), October 25, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved lower on Wednesday after weak European economic data raised recession fears.

10-25-2023 17:21:00

China INE crude price dips on weak eurozone PMI data

Guangzhou (JLC), September 25, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Monday as weak Purchasing Managers’ Index (PMI) data from

09-25-2023 18:46:12

China INE crude price picks up after European diesel stock draw

Guangzhou (JLC), August 25, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) recouped some losses on Friday after a drawdown in European diesel inventories.

08-25-2023 18:49:43

China INE crude price slips again after rate hikes in Europe

Guangzhou (JLC), February 3, 2023--The price of crude futures on China’s Shanghai International Energy Exchange (INE) fell further Friday on continued large interest rate hikes by European Central Ban

02-03-2023 19:19:44

China INE crude price climbs on rising tensions in eastern Europe

Guangzhou (JLC), September 22, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) increased further on Thursday, following news of a partial mobilization ordered

09-22-2022 19:00:12

Rhine’s drying up intensifies energy crisis in Europe

The water level of the Rhine has been dropping since this summer due to the rare and continuous dry weather, making it more and more difficult for the transportation of cargoes like coal and crude.

08-22-2022 10:15:37

China INE crude price falls on interest rate hikes in Europe

Guangzhou (JLC), Jun 17, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) declined further on Friday, as central banks across Europe raised interest rates.

06-17-2022 20:17:34

China INE crude price rises as EU agrees to ban partial Russian oil

Guangzhou (JLC), May 31, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) extended gains Tuesday, after the European Union (EU) leaders agreed to partially ban

05-31-2022 19:19:45

China INE crude price edges up as EU seeks deal on Russian oil ban

Guangzhou (JLC), May 30, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) inched higher Monday, as the European Union countries continue talks on an embargo on

05-30-2022 19:08:50

China INE crude price slips after EU shelves plan of Russian oil ban

Guangzhou (JLC), May 10, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated Tuesday, as the European Union (EU) members have not yet reached agreement o

05-10-2022 19:20:16

China INE crude price soars after EU proposes ban on Russian oil

Guangzhou (JLC), May 5, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) surged Thursday, following news that the European Union (EU) officially proposed a comp

05-05-2022 19:21:30

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