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China’s fuel oil imports from Russia plunge in H1 2025

Guangzhou (JLC), July 21, 2025--China recorded a plunge in its fuel oil imports from Russia in the first half (H1) of this year, which could be attributed to weakening demand and relatively high impo

07-21-2025 16:53:23

China hikes crude imports from Saudi Arabia and Malaysia in June

Guangzhou (JLC), July 21, 2025--China boosted its crude imports from Saudi Arabia and Malaysia sharply in June 2025, according to data from the General Administration of Customs of the PRC (GACC).

07-21-2025 16:06:28

China INE crude price rallies on less supply from Iraq

Guangzhou (JLC), July 18, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday following a supply disruption in Iraq due to drone attacks.

07-18-2025 19:24:26

Dalong oil depot renovation project comes online in Guizhou

Guangzhou (JLC), July 18, 2025--Sinopec Guizhou (Tongren) Oil Products Company put its Dalong oil depot renovation project into operation recently, Sinopec reported on its news website on July 18.

07-18-2025 18:55:00

China's naphtha imports set record high in June

Guangzhou (JLC), July 18, 2025--China's naphtha imports reached a new high in June 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

07-18-2025 18:49:13

China's fuel prices fall again as crude slips

Guangzhou (JLC), July 18, 2025--China's wholesale gasoline and diesel prices fell again in mid-July, tracking a modest slip in international crude prices.

07-18-2025 17:05:18

State-owned refinery run rates drop modestly in mid-July

Guangzhou (JLC), July 18, 2025--Chinese state-owned oil refineries' run rates dropped modestly in the week ending July 16, after hitting a new high in over 15 months in the previous week.

07-18-2025 11:16:38

China INE crude price slips further on large US product stock builds

Guangzhou (JLC), July 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday as large product inventory builds in the United States ra

07-17-2025 19:12:08

Crude stocks at Shandong ports drop, still high

Guangzhou (JLC), July 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending July 17, after consumption rebounded, but were still high.

07-17-2025 18:29:35

Domestic hydraulic oil gets first-time airworthiness approval

Guangzhou (JLC), July 17, 2025--A domestically-produced aviation hydraulic oil was approved for airworthiness recently, the first time in China, the Civil Aviation Administration of China (CAAC) said

07-17-2025 17:31:24

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

China INE crude price drops on surprise US crude stock build

Guangzhou (JLC), July 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday due to an unexpected crude inventory build in the United St

07-16-2025 19:05:48

Shandong independents' run rates rebound modestly

Guangzhou (JLC), July 16, 2025--Shandong independent refiners' operating rates rebounded modestly in the week to July 16, mainly as Qirun Chemical ratcheted up its throughput after restart.

07-16-2025 18:37:32

Sinopec Guangzhou runs refinery at 90.62% of capacity in H1

Guangzhou (JLC), July 16, 2025--Sinopec Guangzhou Petrochemical ran its refinery at 90.62% of capacity in the first half (H1) of 2025, according to data from the company.

07-16-2025 17:37:01

Longyan Zhuoyue to build biofuel units in Thailand

Beijing (JLC), July 16, 2025—Longyan Zhuoyue New Energy (Longyan Zhuoyue) will invest CNY 700 million (USD 97.5 million) in the construction of its Thailand-based biofuel project.

07-16-2025 15:04:00

China INE crude price dips on easing supply concerns

Guangzhou (JLC), July 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Tuesday as market concerns about U.S. sanctions on Russian oil

07-15-2025 19:01:35

PetroChina Guangxi completes refining-chemical project

Guangzhou (JLC), July 15, 2025--PetroChina Guangxi Petrochemical took delivery of a 1.2 million mt/yr ethylene plant on July 14, signifying the completion of its upgrade project.

07-15-2025 16:56:58

China to cut fuel ceilings on July 16

Guangzhou (JLC), July 15, 2025--China will mark down its retail ceilings of gasoline and diesel on July 16, 2025 (Wednesday), as international crude prices have retreated over the past 10 working day

07-15-2025 15:03:13

Chinese refiners’ crude runs rebound sharply amid less maintenance in June

Guangzhou (JLC), July 15, 2025--Chinese oil refiners raised their crude runs sharply in June 2025, as their unit maintenance dropped and fuel demand was growing in summer.

07-15-2025 14:42:33

China INE crude price rallies on potential supply risks

Guangzhou (JLC), July 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday as the possibility of further US sanctions on Russia raised suppl

07-14-2025 19:02:53

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