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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

China INE crude price extends losses on Gaza ceasefire

Guangzhou (JLC), October 10--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Friday following a ceasefire between Israel and Hamas in the Gaza St

10-10-2025 19:04:13

Crude stocks at Shandong ports grow in early October

Guangzhou (JLC), October 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to rise in early October, as less feedstock was delivered out of local ports due to slo

10-10-2025 18:45:51

State-owned refinery run rates rise in early October

Guangzhou (JLC), October 9, 2025--Chinese state-owned oil refineries' run rates increased in the week ending October 8 (Wednesday), JLC’s data shows.

10-09-2025 18:47:01

China INE crude price falls on easing tensions in Middle East

Guangzhou (JLC), October 9--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on October 9 after Israel and Hamas agreed to the first phase of the US-proposed

10-09-2025 18:38:16

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

INE crude price gains on rosy Chinese economic data

Guangzhou (JLC), September 29, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Monday following bullish economic data from China.

09-29-2025 18:40:25

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

China INE crude stabilizes on mixed factors

Guangzhou (JLC), September 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely stable on Friday, supported by rising Ukrainian attacks on Russian e

09-26-2025 18:52:46

Crude stocks at Shandong ports rebound modestly

Guangzhou (JLC), September 25, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded moderately in the week ending September 25, as less feedstock was delivered out of lo

09-25-2025 18:31:04

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

State-owned refinery run rates dip on maintenance

Guangzhou (JLC), September 25, 2025--Chinese state-owned oil refineries' run rates retreated in the week ending September 24 (Wednesday) due to unit maintenance.

09-25-2025 14:54:35

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

China’s Oil and Gas Output Expands in August

Guangzhou (JLC), September 25, 2025--China’s output of crude oil accelerated, while natural gas output and electricity generation maintained steady growth.

09-25-2025 11:33:51

China INE crude rallies as resumption of Kurdish oil exports stalls

Guangzhou (JLC), September 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Wednesday after a deal to resume oil exports from Iraq’s Kurdistan

09-24-2025 19:17:16

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

China INE crude price slides further on stronger yuan

Guangzhou (JLC), September 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Tuesday after an appreciation in Chinese currency.

09-23-2025 18:22:42

China INE crude price extends losses after US oil rigs rise

Guangzhou (JLC), September 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday after an increase in the US oil rig count.

09-22-2025 17:59:02

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