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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

Crude stocks at Shandong ports largely steady in early June

Guangzhou (JLC), June 6, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports held largely steady in the week ending June 5, JLC’s data shows.

06-06-2025 10:52:07

SOEs to hike June refinery operating rate on less maintenance

Guangzhou (JLC), June 5, 2025--State-owned enterprises (SOEs) are likely to hike their refinery operating rates in June 2025, after maintenance peaked in April-May.

06-05-2025 18:44:39

Independents find higher refining margins for imported crude

Guangzho?u (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Shandong independents' run rates drop for 10 weeks in a row

Guangzhou (JLC), June 4, 2025--Shandong independent refiners' operating rates extended falls in early June, the 10th week in a row, amid peak maintenance.

06-04-2025 17:26:17

Crude stocks at Shandong ports drop modestly

Guangzhou (JLC), May 29, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending May 29, JLC's data shows.

05-29-2025 19:08:58

Independents’ refining margins for imported crude surge

Gua?ngzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

Shandong independents' run rates drop for nine weeks in a row

Guangz?hou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

Sinopec Qilu raises Shengli crude processing ratio, jet fuel output

Guangzhou (JLC), May 28, 2025--Sinopec Qilu Petrochemical increased the processing ratio of Shengli crude and the production of jet fuel and petroleum coke, in an effort to cut costs and amplify margi

05-28-2025 15:21:05

Yanchang to put Yulin crude tank farm into use in late June

Guangzhou (JLC), May 23, 2025--Shaanxi Yanchang Petroleum plans to put its Yulin crude oil tank farm into operation on June 20, the company said on its website recently.

05-23-2025 18:40:01

Crude stocks at Shandong ports largely stable

Guangzhou (JLC), May 23, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely steady in the week ending May 22.

05-23-2025 13:49:33

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

Shandong sees a year-on-year surge in its April crude runs

Guangzhou (JLC), May 21, 2025--Shandong province saw a year-on-year surge in its refinery crude runs in April 2025, which could be ascribed to the startup of a new refinery.

05-21-2025 15:37:30

Crude stocks at Shandong ports retreat from five-week high

Guangzhou (JLC), May 15, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell in the middle of May, as cargo unloading slowed down.

05-15-2025 19:07:52

Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

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

China INE crude price extends gains on cooling US inflation

Guangzhou (JLC), May 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after data showed slowing inflation in the United State

05-14-2025 19:02:04

Shandong independents' run rates drop for seven weeks in a row

?Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

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