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Independents' crude refining margins improve amid lower costs

Guangzhou (JLC), October 10, 2025--Shandong-based independent refiners' crude refining margins improved in the week to October 8, because of a decline in crude costs.

10-10-2025 19:23:43

Shandong independents' run rates slip for third straight week

Guangzhou (JLC), October 9, 2025--Shandong independent refiners' operating rates continued to drop in the week to October 8, marking the third consecutive week of decline, JLC’s data shows. The 39 S

10-09-2025 17:19:39

China INE crude price slips as OPEC+ may raise output further

Guangzhou (JLC), September 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid expectations of a further production increase by OPEC+

09-30-2025 18:30:57

PetroChina discovers 158 mln mt of new shale oil reserves in Daqing

Guangzhou (JLC), September 28, 2025--PetroChina has discovered 158.0 million mt of new shale oil reserves in the Gulong Shale Oil Field in Daqing, marking a breakthrough in the development of onshore

09-28-2025 18:54:09

Sinopec trims Shengli crude price for September

Guangzhou (JLC), September 28, 2025--Sinopec marked down its Shengli crude price for September 2025, following drops in international crude prices, according to refiner sources in Shandong.

09-28-2025 14:50:55

PetroChina Sichuan's crude runs surpass 90 mln mt since operation

Guangzhou (JLC), September 25, 2025--PetroChina Sichuan Petrochemical's crude throughput has exceeded 90 million mt since it started operation 11 years ago, Sichuan Daily reported.

09-25-2025 16:01:00

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

Shandong independents' run rates retreat from nine-month high

Guangzhou (JLC), September 24, 2025--Shandong independent refiners' operating rates declined in the week to September 24, after reaching a nine-month high in the previous week, JLC’s data shows.

09-24-2025 18:53:56

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 18, 2025--Shandong-based independents' refining margins for imported crude retreated in mid-September, due to a rally in crude costs, despite slightly higher sales revenue.

09-18-2025 11:07:07

PetroChina Jilin records new high in daily crude throughput

Guangzhou (JLC), September 17, 2025--PetroChina Jilin Petrochemical recorded a new high in its daily crude throughput on September 5, following the start-up of its 1.2 million mt/yr ethylene plant on

09-17-2025 19:05:10

Shandong independents' run rates hit nine-month high

Guangzhou (JLC), September 17, 2025--Shandong independent refiners' operating rates increased further in the week to September 17, hitting a new high in about nine months, JLC’s data shows.

09-17-2025 18:52:30

PetroChina Guangdong hits 50-mln-mt mark in crude runs

Guangzhou (JLC), September 17, 2025--PetroChina Guangdong Petrochemical has processed more than 50 million mt of crude oil since it began operation in early 2023.

09-17-2025 18:29:45

China INE crude price up amid prospect of new EU sanctions on Russia

Guangzhou (JLC), September 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday as the European Union (EU) is advancing a new roun

09-11-2025 17:43:38

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

Yanchang Petroleum sees completion of Yan’an crude tank farm

Guangzhou (JLC), September 11, 2025--Shaanxi Yanchang Petroleum’s new crude oil tank farm project was completed on September 10, Shaanxi Petroleum Chemical Engineering and Construction, the contractor

09-11-2025 14:36:46

Shandong independents' run rates rise for fifth straight week

Guangzhou (JLC), September 10, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 10, the fifth gain in a row, after a refiner in Heze wrapped up maintenan

09-10-2025 18:51:16

Feedstock unloading for Shandong independents increases slightly

Guangzhou (JLC), September 10, 2025--Shandong-based independent refiners and traders slightly increased their unloading of imported feedstock in August, because of expectations of rising demand.

09-10-2025 11:21:04

China INE crude price rallies on OPEC+ compensatory output cuts

Guangzhou (JLC), September 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday due to compensatory production cuts by certain OPEC+ members

09-09-2025 18:52:27

China INE crude price down on further output boost by OPEC+

Guangzhou (JLC), September 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday after OPEC+ decided to further ramp up output in Octo

09-08-2025 18:14:59

China INE crude price retreats on possible OPEC+ output hike

Guangzhou (JLC), September 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid the potential for further output increases by OPEC+ an

09-04-2025 18:37:20

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