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China INE crude price rises further after Russian oil supply dips

Guangzhou (JLC), February 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed further on Tuesday, following reports that Russian crude oil production f

02-11-2025 19:12:19

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 price slides on recovering Libyan oil supply

Guangzhou (JLC), July 22, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) dropped on Friday, amid recovering oil supply from Libya, weakening US fuel demand an

07-22-2022 17:55:39

China INE crude price extends losses as Libyan oil supply to resume

Guangzhou (JLC), April 26, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) slipped further on Tuesday, on reports that Libya’s oil production may resume soon a

04-26-2022 19:14:26

Shandong slurry oil supply tightens on duel control

Beijing (JLC), September 28, 2021--The slurry oil supply in Shandong dropped in September after China implemented the dual control policy to cut both the total energy consumption and energy intensity.

09-28-2021 14:05:47

INE crude rises further on setback for Iranian oil supply return

Guangzhou (JLC), May 25, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) extended gains on Tuesday, as the resumption of Iranian oil exports hit a snag, also due to higher travel numbers in the US.

05-25-2021 19:12:04

Slurry oil supply tightens amid massive refinery self-use

Beijing (JLC), March 31, 2021--China slurry oil is in short supply, as some refiners hardly sell their products to the market and instead they feed them into their own deep processing units.

03-31-2021 14:26:00

Sinopec Maoming's bunker fuel oil supply surges in 2020

Sinopec Maoming Petrochemical's supply of bunker fuel oil soared and hit an all-time high in 2020, driven by growing demand for bonded bunker fuel at Chinese ports and better production margins amid a tax rebate.

01-05-2021 17:31:46

Sinopec Maoming’s bunker fuel oil supply almost triples in Jan-Sep

Sinopec Maoming Petrochemical’s supply of bunker fuel oil in January-September hit an all-time high, driven by a tax-rebate policy and a huge rally in demand.

10-28-2020 17:01:02

INE crude inches higher amid bullish sentiment on oil supply

The price of crude futures on the Shanghai International Energy Exchange (INE) rose slightly on Friday, as supply concerns were eased by the expectation that Libya’s output will take some time to fully recover.

09-25-2020 19:50:40

Guangdong refined oil supply to grow on Sinopec's new refinery

Sinopec's new Zhanjiang refinery with a refining capacity of 10 million mt/yr is about to come on stream at the end of June. The competition in Guangdong’s refined oil markets will intensify on soaring supply amid slowing growth of demand.

05-21-2020 18:12:17

Zhejiang Petrochemical starts LS bunker fuel oil supply

Zhejiang Petrochemical in east China had 2,000 mt of low-sulfur (LS) bunker fuel oil going through Zhoushan customs on February 21, before delivering this batch of fuel to Chimbusco’s bonded tanks in Zhoushan, according to market sources.

02-21-2020 15:42:34

China asphalt producers raise concerns over Venezuelan oil supply

Beijing (JLC), August 27, 2019--China asphalt producers raise concerns over Merey crude oil supply after the news that China National Petroleum Corp, the only buyer of Venezuelan oil in the country, has suspended direct purchase of crude oil from the South American nation.

08-27-2019 14:25:39

Zhoushan's bonded bunker fuel oil supply rises 12% in H1

The bonded bunker fuel oil supply at China (Zhejiang) Pilot Free Trade Zone in Zhoushan, east China amounted to about 1.9 million mt in the first half of 2019, up by 11.78% year on year.

07-10-2019 16:00:30

Sinopec guarantees refined oil supply in Sichuan amid earthquake

Beijing (JLC), June 20, 2019--Sinopec South China Sales Co supplied 4,200 mt of refined oil for Sichuan amid earthquake, Sinopec reported.

06-20-2019 16:03:26

China refined oil supply structure to be changed by large-scale refining projects

As the newly-built refining capacity in China would be 150 million mt/yr (3,000 kbd) by 2020, the domestic refined oil supply is sufficient, and considering the slowing growth of gasoline and diesel consumption, more exports would be encouraged by the government, JLC data shows.

01-24-2019 17:53:48

Tianjin Petrochemical ensures oil supply by railway

Tianjin Petrochemical provided 7,000 mt of blendstocks of ethanol gasoline by railway for the first time to the local oil product market in November 2018, sources said

11-28-2018 14:13:52

Guangdong resumes normal refined oil supply after typhoon

Guangzhou (JLC), September 18, 2018--Guangdong province in south China resumed normal refined oil supply on September 17, after a very strong typhoon made a landfall in the province’s Taishan city on September 16.

09-18-2018 15:55:52

Rainstorm hinders SW China refined oil supply

Beijing (JLC), July 19, 2018—Refined oil supply in Sichuan-Chongqing region plunged as Lanzhou-Chengdu-Chongqing pipeline and Sichuan Petrochemical natural gas pipeline stopped transporting urgently influenced by the most serious rain in recent 5 years.

07-19-2018 17:49:45

Bonded oil supply in Zhejiang Zhoushan is growing the fastest in China

Zhoushan Port has become the fastest growing area of China’ bonded oil supply as Hangzhou Customs have accumulated 2 million mt of bonded oil at Zhoushan Port since Zhejiang FTA was set up, up 100% YoY, according to Hangzhou Customs Press Conference.

04-18-2018 17:24:45

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