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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

Crude stocks at Shandong ports drop, still high

Guangzhou (JLC), July 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending July 17, after consumption rebounded, but were still high.

07-17-2025 18:29:35

China INE crude price rallies on potential supply risks

Guangzhou (JLC), July 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday as the possibility of further US sanctions on Russia raised suppl

07-14-2025 19:02:53

China's daily crude imports surge 10.62% in June

Guangzhou (JLC), July 14, 2025--China's daily crude imports soared by 10.62% month on month in June 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

07-14-2025 15:38:26

China's oil product exports rebound on month in June

Guangzhou (JLC), July 14, 2025--Chinese oil companies' oil product exports rebounded month on month in June 2025, according to the preliminary data released by the General Administration of Customs of

07-14-2025 15:27:30

Shandong independents unload more imported feedstock in June

Guangzhou ?(JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

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

China INE crude price extends gains after bullish US jobs report

Guangzhou (JLC), July 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Friday following a stronger-than-expected US jobs report for June

07-04-2025 18:45:50

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

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 edges up on potential price hike by Saudi Arabia

Guangzhou (JLC), July 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Wednesday, supported by the expectation of an oil price increase by S

07-02-2025 18:58:50

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), June 26, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending June 26, as cargo unloading surpassed consumption, JLC’s data shows.

06-26-2025 18:11:47

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

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

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

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

China INE crude price surges on mounting geopolitical risks

Guangzhou (JLC), June 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Friday amid concerns over potential supply disruptions due to rising tensio

06-13-2025 19:15:49

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

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

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