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Independents see lower crude refining margins in late Sept

Guangzhou (JLC), September 25, 2025--Shandong-based independent refiners saw lower refining margins for imported crude in late September, as their sales revenue continued to decrease.

09-25-2025 13:45:55

Crude stocks at Shandong ports slip to 20-week low

Guangzhou (JLC), September 18, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended losses in the week ending September 18, hitting a new low in 20 weeks, as local indepe

09-18-2025 18:06:32

Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

State-owned refinery run rates inch lower in early September

Guangzhou (JLC), September 4, 2025--Chinese state-owned oil refineries' run rates fell modestly in the week ending September 3 (Wednesday), JLC's data shows.

09-04-2025 17:22:23

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

China records much lower crude imports from Malaysia in July

Guangzhou (JLC), August 20, 2025--China tallied a plunge in its crude imports from Malaysia in July 2025, according to data from the General Administration of Customs of the PRC (GACC).

08-20-2025 13:57:14

Independents find lower refining margins for imported crude

Guangzhou (JLC), August 7, 2025--Shandong-based independents found lower refining margins for imported crude in early August, as crude costs climbed further and their sales revenue went lower.

08-07-2025 18:25:06

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

State-owned refinery run rate rebounds from 33-month low

Guangzhou (JLC), June 5, 2025--Chinese state-owned oil refineries' run rates rebounded in early June, due to the restarts of some refineries, after hitting a 33-month low in late May.

06-05-2025 18:42:37

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

State-owned refinery run rates rebound slightly from 28-month low

Guangzhou (JLC), May 9, 2025--Chinese state-owned oil refineries' run rates rebounded slightly in the week ending May 7, after hitting a 28-month low in the previous week.

05-09-2025 14:06:05

Crude stocks at Shandong ports rally on slower consumption

Guangzhou (JLC), May 2, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in late April, as local independent refiners’ consumption slowed down.

05-02-2025 17:42:50

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

Crude stocks at Shandong ports drop further on low unloading

Guangzhou (JLC), April 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 17, as outbound delivery outpaced relatively low unloading.

04-17-2025 18:51:32

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

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

Crude stocks at Shandong ports rise amid slow consumption

Guangzhou (JLC), February 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose again in the week ending February 27, as local independent refiners’ consumption was slow.

02-27-2025 18:21:46

Crude stocks at Shandong ports rebound from over-two-year low

Guangzhou (JLC), February 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending February 20, after hitting an over-two-year low.

02-20-2025 18:25:07

Crude stocks at Shandong ports fall to over two-year low

Guangzhou (JLC), February 13, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending February 13, as cargo unloading remained relatively low.

02-13-2025 18:49:39

Crude stocks at Shandong ports still close to over two-year low

Guangzhou (JLC), February 7, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in early February 2025, but were still close to an over-two-year low.

02-07-2025 17:19:38

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