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Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

China INE crude price retreats on growing demand concerns

Guangzhou (JLC), July 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday due to a lack of progress in trade talks between the United Stat

07-22-2025 18:40:42

China hikes crude imports from Saudi Arabia and Malaysia in June

Guangzhou (JLC), July 21, 2025--China boosted its crude imports from Saudi Arabia and Malaysia sharply in June 2025, according to data from the General Administration of Customs of the PRC (GACC).

07-21-2025 16:06:28

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

Chinese refiners’ crude runs rebound sharply amid less maintenance in June

Guangzhou (JLC), July 15, 2025--Chinese oil refiners raised their crude runs sharply in June 2025, as their unit maintenance dropped and fuel demand was growing in summer.

07-15-2025 14:42:33

China INE crude price slides amid demand concerns

Guangzhou (JLC), July 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid worries about the oil demand outlook.

07-11-2025 18:29:55

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

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

State-owned refiners to have much less unit maintenance in July

?Guangzhou (JLC), June 30, 2025--State-owned oil refiners will have much less unit maintenance in July as more refineries come back online and no refinery is coming under maintenance.

06-30-2025 18:31:33

State-owned refinery run rate rises to 3-month high on less maintenance

Guangzhou (JLC), June 26, 2025--Chinese state-owned oil refineries' run rates extended rises to a three-month high in the week ending June 25, as Sinopec Hunan Petrochemical restarted its refinery.

06-26-2025 18:36:37

Independents' crude refining margins grow in late June

G?uangzhou (JLC), June 26, 2025--Shandong-based independents' crude refining margins grew in late June, as their sales revenue increased.

06-26-2025 15:43:19

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), June 25, 2025--Shandong independent refiners' operating rates retreated in the week ending June 25 due to more unit maintenance.

06-25-2025 18:23:46

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Independents' refining margins for imported crude plunge

Guangzhou (?JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

Chinese refineries’ crude runs extend drop on maintenance in May

Guangzhou (JLC), June 16, 2025--Chinese refineries continued to cut their crude runs in May 2025 because of peak maintenance amid seasonally low fuel demand.

06-16-2025 15:44:54

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), June 12, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to June 11 as crude costs rebounded, despite an in?crease in their sales revenue.

06-12-2025 14:13:35

State-owned refinery run rate drops on maintenance in May

Guangzhou (JLC), June 12, 2025--Chinese state-owned oil refineries' run rate extended drops in May, because of peak refinery maintenance amid average demand.

06-12-2025 11:52:49

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