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INE crude price up as optimism about China-U.S. trade talks grows

Guangzhou (JLC), June 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, lifted by hopes for progress in China-U.S. trade talks.

06-10-2025 18:55:03

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

China INE crude price dips after US oil product stocks mount

Guangzhou (JLC), June 5, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday, weighed down by a build in the US gasoline and distillate stock

06-05-2025 19:08:30

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

State-owned refinery run rate rebounds from 33-month low

Guangzhou (JLC), June 5, 2025--Chinese state-owned oil refineries' run rates rebounded in early June, due to the restarts of some refineries, after hitting a 33-month low in late May.

06-05-2025 18:42:37

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

China INE crude price rises amid concerns over Canadian supply

Guangzhou (JLC), June 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday, supported by supply disruptions due to wildfires in Canad

06-04-2025 19:00:05

China INE crude price down as Trump’s tariffs remain in effect

Guangzhou (JLC), May 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after a U.S. appeals court reinstated Trump’s tariffs.

05-30-2025 18:56:43

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

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

China INE crude price rebounds after court blocks Trump’s tariffs

Guangzhou (JLC), May 29, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) bounced back on Thursday after a U.S. trade court blocked President Donald Trump’s tar

05-29-2025 18:40:31

China INE crude price rallies as Trump extends EU tariff deadline

Guangzhou (JLC), May 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday following U.S. President Donald Trump’s decision to delay the 50%

05-26-2025 18:52:09

ZPC pushes ahead with crude oil terminals and storage base project

Guangzhou (JLC), May 26, 2025--Zhejiang Petroleum and Chemical (ZPC) Jintan Logistics Co. is pushing ahead with its crude oil terminals and storage base in Zhoushan, according to official reports.

05-26-2025 18:06:56

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

China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

Chinese refineries slash April crude runs on maintenance

Guangzhou (JLC), May 19, 2025--Chinese refineries processed much less crude oil in April 2025 when they entered peak maintenance.

05-19-2025 11:28:11

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

State-owned refiners to see less maintenance in June

Guangzhou (JLC), May 14, 2025--Chinese state-owned refiners are expected to see less refinery maintenance in June, according to their plans.

05-14-2025 17:39:11

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