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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

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

Crude stocks at Shandong ports drop further as unloading slows down

Guangzhou (JLC), April 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 24, as cargo unloading has lately slowed down.

04-24-2025 18:29:41

China INE crude price growth slows down

Guangzhou (JLC), April 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday amid supply concerns, but the increase slowed down on fea

04-02-2025 18:57:36

China INE crude price down on faltering US consumer confidence

Guangzhou (JLC), February 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Wednesday after data showed the US consumer confidence dimin

02-26-2025 18:54:25

Yulin Refinery restarts FCC after 15-month shutdown

Guangzhou (JLC), February 25, 2025--Yanchang Petroleum Yulin Refinery resumed production at its 600,000 mt/yr fluid catalytic cracking (FCC) unit on February 22.

02-25-2025 17:09:04

China INE crude price down on US crude stock builds

Guangzhou (JLC), February 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Thursday as the US crude oil inventories continued to grow amid peaking re

02-06-2025 19:11:36

Shandong independents' run rates extend drops on unit shutdown

Guangzhou (JLC), January 8, 2025--Shandong independent refiners' operating rates extended drops in the week to January 8, 2025, after a refiner shut its units and some others cut their throughput.

01-08-2025 17:44:49

Shandong independents' run rates inch down in late December

Guangzhou (JLC), December 25, 2024--Shandong independent refiners' operating rates edged down in the week to December 25, with a couple of refiners cutting their throughput modestly.

12-25-2024 18:18:29

China INE crude edges down on surprise US gasoline stock build

Guangzhou (JLC), November 28, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Thursday as an unexpected build in the US gasoline stocks ahead

11-28-2024 18:55:22

Shandong independents' run rates slip on unit shutdown

Guangzhou (JLC), October 30, 2024--Shandong independent refiners' operating rates slipped in the week to October 30, following the shutdown of a Dongying-based refinery.

10-30-2024 18:28:18

China INE crude price edges down on easing supply concerns

Guangzhou (JLC), October 28, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower on Monday as Israel’s strikes on Iran over the weekend avoided oil fa

10-28-2024 18:46:38

China INE crude price edges down on growing wait-and-see sentiment

Guangzhou (JLC), September 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Tuesday amid growing wait-and-see sentiment.

09-10-2024 18:59:53

China INE crude price mounts on shutdown of Libyan oil fields

Guangzhou (JLC), August 27, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rose further on Tuesday, following the shutdown of Libyan oil fields.

08-27-2024 19:26:13

Sinopec revises down its crude throughput plan for 2024

Guangzhou (JLC), August 27, 2024--Sinopec has revised down its crude throughput plan for 2024, which can be ascribed to relatively weak demand for diesel.

08-27-2024 15:43:06

China INE crude price down on surprise US crude stock build

Guangzhou (JLC), August 21, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to slide on Wednesday because of an unexpected crude inventory build in t

08-21-2024 18:11:07

Shandong independents' run rates drop modestly on unit shutdown

Guangzhou (JLC), August 7, 2024--Shandong independent refiners’ operating rates dropped modestly in early August, following the shutdown of a refiner’s crude distillation unit (CDU).

08-07-2024 18:34:52

Shandong independents' run rates edge down at the end of July

Guangzhou (JLC), July 31, 2024--Shandong independent refiners’ operating rates edged down in the week to July 31 when demand was hit by strong rain and market fundamentals stayed weak.

07-31-2024 18:36:40

China INE crude price edges down after US oil rig count rises

Guangzhou (JLC), July 29, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) dropped further on Monday due to an increase in the US oil rig count, but was limited

07-29-2024 18:47:02

China INE crude price down on worries about Chinese demand

Guangzhou (JLC), July 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) went down on Tuesday, weighed down by worries about oil demand in China.

07-16-2024 18:42:44

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