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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 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

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

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

Chinese independent refiners’ operating rate drops modestly in May

?Guangzhou (JLC), June 11, 2025--Chinese independent refiners' operating rate fell modestly in May 2025 when unit maintenance grew amid seasonally weak demand.

06-11-2025 16:00:13

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

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

State-owned refinery run rates hit 33-month low in late May

Guangzhou (JLC), May?29, 2025--Chinese state-owned oil refineries' run rates?fell to a 33-month low in the week ending May 28,?still affected by maintenance.

05-29-2025 19:17:33

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

INE crude price slips as OPEC+ may accelerates output increases

Guangzhou (JLC), April 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday on news that OPEC+ is considering an acceleration in output incre

04-24-2025 19:09:10

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

China cuts crude imports from Russia in May

Guangzhou (JLC), June 20, 2024--China reduced its crude imports from Russia in May 2024 when the former’s demand weakened and shipments from the other top five suppliers grew year on year.

06-20-2024 12:07:50

Most Chinese regions see lower crude throughput in May

Guangzhou (JLC), June 18, 2024--Most Chinese regions saw lower crude throughput in May 2024 when refinery maintenance peaked and domestic supply was abundant.

06-18-2024 18:09:37

China's May crude throughput inches down amid multiple factors

Guangzhou (JLC), June 17, 2024--China's crude throughput inched down in May 2024 when there was still plenty of refinery maintenance and supply was abundant amid relatively slow demand growth.

06-17-2024 17:14:28

Independents unload more diluted bitumen in May

Guangzhou (JLC), June ?7, 2024--Shandong-based independents unloaded more imported diluted bitumen in May, as more of the feedstock was available.

06-07-2024 16:29:56

China’s May crude imports rally 1.63% on month

Guangzhou (JLC), June 7, 2024--China’s crude imports rebounded modestly month on month in May, which could be ascribed to a large drop in international crude prices and a relatively low base in April.

06-07-2024 15:48:49

Shandong independents' May run rates fall on refinery maintenance

Guangzhou (JLC), June 7, 2024--Shandong-based independent refiners' operating rates went down in May, after three local refineries came under maintenance.

06-07-2024 11:20:59

State-owned refineries' run rates extend drops in May

Guangzhou (JLC), June 5, 2024--Chinese state-owned oil companies lowered their refinery operating rates again in May when there was still plenty of unit maintenance and domestic supply was abundant.

06-05-2024 14:53:01

Independents’ crude refining margins rally in late May

Guang?zhou (JLC), May 29, 2024--Shandong-based independents’ crude refining margins rebounded in late May, on the back of lower crude costs and slightly higher sales revenue.

05-29-2024 18:33:22

Two major state-run refineries restart units in late May

Guangzhou (JLC), May 27, 2024--Two major state-owned refineries are restarting their units in late May, after maintenance began in late March.

05-27-2024 16:07:08

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