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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 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

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

China's crude imports from Canada surge in Jan-Mar 2025

Guangzhou (JLC), April 21, 2025--China's crude imports from Canada surged year on year in the first three months of 2025, according to the data released by the GACC.

04-21-2025 16:20:46

Feedstock unloading for Shandong independents surge in March

Guangzhou (JLC), April 11, 2025--Shandong-based independent refiners continued to raise their cargo unloading in March, as crude refining margins improved and their operating rates climbed.

04-11-2025 19:19:00

Independents’ crude refining margins surge as costs tumble

Guangzhou (JLC), April 9, 2025--Shandong-based independents’ crude refining margins surged in the week to April 9, due to a slump in crude costs, despite a decline in their sales revenue.

04-09-2025 18:57:19

Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

Daqing Refining & Chemical's January crude runs surge 8.14%

Guangzhou (JLC), February 20, 2025--PetroChina Daqing Refining & Chemical's crude runs soared by 8.14% year on year in January 2025, Daqing Daily reported on its news website on February 20.

02-20-2025 18:36:29

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

Independents’ crude refining margins surge in mid-Jan

Guangzhou (JLC), January 15, 2025--Shandong-based independents’ crude refining margins surged in mid-January, buoyed by a rapid increase in sales revenue, despite a rise in crude costs.

01-15-2025 18:31:54

China INE crude price surges on new US sanctions against Russia

Guangzhou (JLC), January 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Monday, mainly supported by new US sanctions against Russia.

01-13-2025 19:14:03

China INE crude price retreats after US crude stocks surge

Guangzhou (JLC), October 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday due to a spike in the US crude inventories and stronger yuan

10-09-2024 18:52:15

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crud?e costs, despite a fall in

09-12-2024 16:55:03

Independents’ crude refining margins surge

Guangzhou (JLC), August 7, 2024--Shandong-based independents’ refining margins for imported crude surged in early August, boosted by a further fall in crude costs.

08-07-2024 17:41:37

Independents’ refining margins for imported crude surge

Guangzhou (JLC), July 25, 2024--Shandong-based independents’ refining margins for imported crude surged significantly in mid-to-late July as crude costs fell more than sales revenue, while margins for

07-25-2024 16:17:47

Independents’ refining margins for imported crude surge

Gu?angzhou (JLC), April 25, 2024--Shandong-based independents’ refining margins for imported crude surged in the week to April 24 as costs were reduced by falling international crude prices.

04-25-2024 15:39:17

Crude stocks at Shandong ports surge on more unloading

Guangzhou (JLC), March 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged in early March, because of more cargo unloading, though consumption grew modestly.

03-07-2024 18:58:05

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