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China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

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

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CN?OOC reported o

04-29-2025 15:34:27

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

China’s crude output hits new high in March 2025

?Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

Bohai Oilfield’s oil and gas output hits all-time high in Q1 2025

Guangzhou (JLC), April 15, 2025--CNOOC’s Bohai Oilfield produced over 10 million mt of oil and gas in the first quarter (Q1) of this year, the highest level in about sixty years of the oilfield’s deve

04-15-2025 17:28:06

INE crude price tumbles on OPEC+ output hike, US tariff concerns

Guangzhou (JLC), April 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted Monday on the announcement of a larger-than-expected OPEC+ output increase

04-07-2025 18:39:03

China INE crude price climbs on OPEC+ compensatory output cuts

Guangzhou (JLC), March 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increase on Friday after OPEC+ announced a plan for seven members to cut output.

03-21-2025 18:31:41

China INE crude price drops on prospect of OPEC+ output rise

Guangzhou (JLC), March 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday as OPEC+ decided to start a gradual output increase as planne

03-04-2025 18:29:43

China INE crude price slips despite OPEC+ output cut extension

Guangzhou (JLC), December 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday, despite OPEC+’s decision to postpone the phase-out of its

12-06-2024 19:13:49

China INE crude price rises again after OPEC+ delays output hike

Guangzhou (JLC), November 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday following reports of a further delay to OPEC+ producti

11-04-2024 18:41:30

Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

Bohai Oilfield sets record high in its daily crude oil output

Guangzhou (JLC), September 5, 2024--The Bohai Oilfield’s daily crude oil production has recently exceeded the mark of 100,000 mt, hitting a record high in nearly sixty years of the oilfield’s developm

09-05-2024 17:29:55

China INE crude price retreats on prospect of rising OPEC+ output

Guangzhou (JLC), September 2, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday due to the prospect of higher OPEC+ production from October a

09-02-2024 18:54:55

China’s naphtha output up 8.4% in H1 2024

Guangzhou (JLC), July 18, 2024--China’s naphtha production rose by 8.4% year on year in the first half (H1) of 2024, as domestic naphtha demand grew after more ethylene units came on stream.

07-18-2024 15:00:43

Output of Suizhong 36-1 oilfield hits 100 million mt

Beijing (JLC), June 25, 2024--Crude output of Suizhong 36-1 oilfield, the largest self-run offshore oilfield in China, has exceeded 100 million mt, its operator CNOOC said on June 23.

06-25-2024 11:40:12

China INE crude price falls despite OPEC+ output cut extension

Guangzhou (JLC), June 3, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Monday, despite the news of an extension of OPEC+ production cuts.

06-03-2024 18:17:39

Sinopec boosts crude throughput and oil product output in Q1

Guangzhou (JLC), April 29, 2024 – Sinopec, China’s largest refiner, continued to boost its crude throughput and oil product output in the first quarter (Q1) of 2024.

04-29-2024 18:30:13

China INE crude price rallies after OPEC+ extends output cuts to Q2

Guangzhou (JLC), March 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday after OPEC+ announced extensions of output cuts into the second q

03-04-2024 18:01:46

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