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China INE crude price drops on possible Saudi oil price cut

Guangzhou (JLC), March 31, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Monday amid expectations that Saudi Arabia may slash crude price

03-31-2025 19:04:30

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China INE crude price picks up after Saudi Aramco hikes prices

Guangzhou (JLC), February 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Friday after Saudi Aramco hiked crude prices.

02-07-2025 19:07:42

Saudi Arabia regains 2nd place among crude suppliers to China

Guangzhou (JLC), December 20, 2024--Saudi Arabia regained the second place among the crude suppliers to China in November 2024, with its supply to China jumping month on month, according to the GACC.

12-20-2024 14:47:46

China INE crude price extends losses after Saudi Aramco price cut

Guangzhou (JLC), December 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday, following Saudi Aramco’s cut in oil selling prices and and

12-09-2024 19:13:57

China slashes crude imports from Saudi Arabia in August 2024

Guangzhou (JLC), September 27, 2024--China slashed its crude imports from Saudi Arabia in August, mainly because of relatively high prices, according to data from the GACC.

09-27-2024 15:17:14

Saudi Tadawul Group signs deal to acquire stake in DME Holdings

Guangzhou (JLC), January 23, 2024 – Saudi Tadawul Group (STG) has recently signed a binding agreement with DME Holdings Limited and its existing shareholders to acquire a 32.6% stake in DME Holdings.

01-23-2024 18:45:28

China INE crude price retreats after Saudi Aramco’s OSP cut

Guangzhou (JLC), January 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated sharply on Tuesday after Saudi Aramco cut its crude official selling pric

01-09-2024 19:13:22

China INE crude price soars after Saudi Arabia, Russia extend supply cuts

Guangzhou (JLC), September 6, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged on Wednesday after Saudi Arabia and Russia announced an extension of their

09-06-2023 19:35:13

China INE crude price rises, still buoyed by Saudi and Russian supply cuts

Guangzhou (JLC), July 5, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed moderately on Wednesday, supported by Saudi Arabia and Russia’s announcement o

07-05-2023 19:02:23

Sinopec signs EPC contract with Aramco for Saudi’s Amiral Project

Guangzhou (JLC), June 28, 2023 – Sinopec Engineering Group, an engineering arm of Sinopec, has signed an engineering, procurement and construction (EPC) contract with Saudi Aramco on June 27.

06-28-2023 16:08:14

Saudi Arabia regains first place among crude suppliers to China

Guangzhou (JLC), May 22, 2023--Saudi Arabia topped the crude suppliers to China in April, the first time in six months, according to data from the General Administration of Customs of the PRC (GACC).

05-22-2023 15:37:46

Saudi Aramco acquires 10% stake in Rongsheng Petrochemical

Guangzhou (JLC), March 28, 2?023--Saudi Aramco and Rongsheng Petrochemical signed an acquisition agreement on March 27, under which Aramco Overseas Company B.V. (AOC for short) would purchase a 10% st

03-28-2023 19:00:43

Saudi Arabia still tops crude suppliers to China in Jan-Nov

Guangzhou (JLC), December 21, 2022--Saudi Arabia was still the biggest crude supplier to China in January-November 2022, though its supply slipped and Russia’s surged.

12-21-2022 18:05:09

Saudi Arabia remains biggest crude supplier to China in first 10 months

Guangzhou (JLC), November 23, 2022--Saudi Arabia was still the biggest crude oil supplier to China in the first 10 months of 2022, and its supply edged up when China’s total imports slipped.

11-23-2022 15:14:20

Saudi Arabia remains largest crude supplier to China in first nine months

Guangzhou (JLC), October 27, 2022--Saudi Arabia was still the largest crude supplier to China in the first nine months of 2022, despite a modest drop in its supply.

10-27-2022 22:59:08

China INE crude price dips as Saudi Aramco ready to lift output

Guangzhou (JLC), August 15, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated slightly on Monday, following Saudi Aramco’s readiness for production inc

08-15-2022 18:37:11

Sino-Saudi Gulei ethylene project to be built soon

?Shandong (JLC), June 23, 2022--Fujian Gulei Petrochemical will start construction of its phase-II 1.5 million mt/yr ethylene and downstream deep processing project (Sino-Saudi Gulei ethylene project)

06-23-2022 17:35:44

Russia surpasses Saudi Arabia as biggest crude supplier to China

Guangzhou (JLC), June 21, 2022--Russia surpassed Saudi Arabia as the biggest crude supplier to China in May 2021, the first time in 19 months, which was ascribed to discounted prices.

06-21-2022 16:39:24

China INE crude price slips further on potential Saudi output rises

Guangzhou (JLC), Jun 2, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) declined further Thursday, after news that Saudi Arabia may boost oil production if Rus

06-02-2022 19:30:00

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