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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

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

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

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

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

China cuts crude imports from Russia in May

Guangzhou (JLC), June 20, 2024--China reduced its crude imports from Russia in May 2024 when the former’s demand weakened and shipments from the other top five suppliers grew year on year.

06-20-2024 12:07:50

Most Chinese regions see lower crude throughput in May

Guangzhou (JLC), June 18, 2024--Most Chinese regions saw lower crude throughput in May 2024 when refinery maintenance peaked and domestic supply was abundant.

06-18-2024 18:09:37

China's May crude throughput inches down amid multiple factors

Guangzhou (JLC), June 17, 2024--China's crude throughput inched down in May 2024 when there was still plenty of refinery maintenance and supply was abundant amid relatively slow demand growth.

06-17-2024 17:14:28

China’s May crude imports rally 1.63% on month

Guangzhou (JLC), June 7, 2024--China’s crude imports rebounded modestly month on month in May, which could be ascribed to a large drop in international crude prices and a relatively low base in April.

06-07-2024 15:48:49

Shandong independents' May run rates fall on refinery maintenance

Guangzhou (JLC), June 7, 2024--Shandong-based independent refiners' operating rates went down in May, after three local refineries came under maintenance.

06-07-2024 11:20:59

State-owned refineries' run rates extend drops in May

Guangzhou (JLC), June 5, 2024--Chinese state-owned oil companies lowered their refinery operating rates again in May when there was still plenty of unit maintenance and domestic supply was abundant.

06-05-2024 14:53:01

Two major state-run refineries restart units in late May

Guangzhou (JLC), May 27, 2024--Two major state-owned refineries are restarting their units in late May, after maintenance began in late March.

05-27-2024 16:07:08

State-owned refiners to cut May crude runs on abundant supply

Guangzhou (JLC), May 6, 2024--Chinese state-owned oil refiners are expected to cut their crude throughput in May, because of abundant supply and slow demand growth.

05-06-2024 17:38:45

Karamay Petchem's crude runs jump 21.2% in January-November

Guangzhou (JLC), December 13, 2023--PetroChina Karamay Petrochemical's crude throughput leapt by 21.2% year on year in the first eleven months of 2023, PetroChina said.

12-13-2023 18:49:40

Karamay Petrochemical's crude runs hit new high in H1 2023

Guangzhou (JLC), July 24, 2023--PetroChina Karamay Petrochemical's crude runs reached a historical high in the first half of 2023 (H1), PetroChina reported on its official news website.

07-24-2023 19:27:27

China may raise June crude imports to second record high

Guangzhou (JLC), June 30, 2023--China may boost its crude imports to a second record high in June, due to the expectation of growing fuel demand, discounted grades and effort to boost energy security.

06-30-2023 14:39:39

China boosts May crude imports from Russia to new high

Guangzhou (JLC), June 20, 2023--China raised its crude imports from Russia to a new high in May 2023, which could be ascribed to discounts on Russian grades.

06-20-2023 18:22:36

China’s crude runs continue to soar on year in May 2023

Guangzhou (JLC), June 15, 2023--China’s crude runs continued to soar year on year in May 2023, due to gradually recovering fuel demand, the full operation of two new refineries.

06-15-2023 13:54:39

China records surge in May crude imports

Guangzhou (JLC), June 7, 2023--China's crude imports soared in May 2023, both year on year and month on month, which could be ascribed to the unloading of some cargoes delayed from April.

06-07-2023 17:01:45

Shandong independents’ run rates rebound on unit restarts in May

Guangzhou (JLC), June 6, 2023--Shandong-based independent refiners’ operating rates rebounded in May, as unit restarts outweighed refinery maintenance and tight feedstock.

06-06-2023 17:16:14

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