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China INE crude price slumps on prospect of more OPEC+ supply

Guangzhou (JLC), May 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Tuesday amid the prospect of rising supply from OPEC+.

05-06-2025 18:49:35

China INE crude price dips after IEA cuts demand growth forecast

Guangzhou (JLC), April 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Wednesday after the International Energy Agency (IEA) downgraded its o

04-16-2025 18:51:14

State-owned refinery run rates extend drops on more turnarounds

Guangzhou (JLC), March 28, 2025--Chinese state-owned oil refineries' run rates declined further in late March, because of more refinery turnarounds.

03-28-2025 17:13:28

China INE crude price retreats on IEA forecast of oil glut

Guangzhou (JLC), March 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after the International Energy Agency (IEA) forecast a supply su

03-14-2025 18:45:28

China INE crude price extends gains after US core inflation cools

Guangzhou (JLC), January 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) remained elevated on Thursday after data showed the US core inflation unexpectedly

01-16-2025 18:53:16

Shandong independents receive more imported feedstock in December

Guangzhou (JLC), January 10, 2025--Shandong-based independent refiners received more imported feedstock in the last month of 2024, amid expectation of growing demand.

01-10-2025 16:02:12

China INE crude price edges up after China vows more fiscal support

Guangzhou (JLC), December 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased slightly on Thursday after the country pledged a more proactive fiscal

12-26-2024 18:36:42

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

China INE crude price dips after EIA raises global oil supply forecast

Guangzhou (JLC), November 14, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after the Energy Information Administration (EIA) upgraded

11-14-2024 18:26:12

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

Independents unload more imported feedstock in August

Guangzhou (JLC), September 5, 2024--Shandong-based independent refiners unloaded more imported feedstock in August, mainly because of stronger gasoline demand and better crude refining margins.

09-05-2024 17:32:03

China INE crude price rises again despite OPEC’s cut in demand forecast

Guangzhou (JLC), August 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rose further on Tuesday, still supported by concerns over tensions in the Middle Ea

08-13-2024 18:14:32

Shandong independents' June run rates lower on more maintenance

Guangzhou (JLC), July 5, 2024--Shandong-based independent refiners' operating rates moved lower in June, due to more refinery maintenance.

07-05-2024 14:11:00

China INE crude falls again after IEA cuts oil demand growth forecast

Guangzhou (JLC), May 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday after the International Energy Agency (IEA) cut its global

05-16-2024 18:41:49

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), May 16, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the middle of May, as cargo unloading rallied and consumption slowed down.

05-16-2024 17:36:46

Chinese SOEs to cut April crude runs on more refinery maintenance

Guangzhou (JLC), April 23, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in April, because of refinery maintenance, according to sources from them.

04-23-2024 15:37:30

China INE crude price mounts after IEA raises oil demand forecast

Guangzhou (JLC), March 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) gained more ground on Friday, after the International Energy Agency (IEA) revised up

03-15-2024 18:57:35

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

CNOOC starts up China’s largest offshore secondary adjustment project

Guangzhou (JLC), February 21, 2024--State-owned China National Offshore Oil Corporation (CNOOC) announced in early February the commissioning of the Suizhong 36-1/Lvda 5-2 oilfield secondary adjustmen

02-21-2024 16:44:59

Chinese refineries to see more maintenance in March

Guangzhou (JLC), February 4, 2024--Chinese refineries will see more maintenance next month, as March-May is a traditional peak maintenance season.

02-04-2024 17:17:43

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