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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

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

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

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

Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

Daqing Refining & Chemical's crude runs top 2.8 mln mt in H1 2025

Guangzhou (JLC), July 9, 2025--PetroChina Daqing Refining & Chemical in Heilongjiang processed a total of 2.835 million mt of crude oil in the first half (H1) of this year, the company said on its off

07-09-2025 17:04:27

China INE crude price rallies on easing worries over more OPEC+ supply

Guangzhou (JLC), July 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday as concerns over rising supply from OPEC+ eased.

07-08-2025 18:53:19

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guangzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

Shandong independents' run rates rally on unit restart

Guangzhou (JLC), July 2, 2025--Shandong independent refiners' operating rates rebounded in the week ending July 2, driven by the restart of a refinery in Weifang.

07-02-2025 18:38:36

China INE crude price range-bound

Guangzhou (JLC), July 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Tuesday amid uncertainty about U.S. tariffs.

07-01-2025 18:48:47

China INE crude price extends losses on stronger yuan

Guangzhou (JLC), June 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) slipped further on Thursday on the back of stronger Chinese yuan.

06-26-2025 19:09:07

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), June 26, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending June 26, as cargo unloading surpassed consumption, JLC’s data shows.

06-26-2025 18:11:47

Independents' crude refining margins grow in late June

Guangzhou (JLC), June 26, 2025--Shandong-based independents' crude refining margins grew in late June, as their sales revenue increased.

06-26-2025 15:43:19

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), June 25, 2025--Shandong independent refiners' operating rates retreated in the week ending June 25 due to more unit maintenance.

06-25-2025 18:23:46

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