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China’s apparent fuel oil consumption increase in April

Guangzhou (JLC), May 28, 2025--China’s apparent consumption of fuel oil increased month on month in April, because of surging imports, despite higher exports and lower output.

05-28-2025 19:16:53

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

China SBS output increases in May, but Q3 cuts likely on weak demand

Shandong (JLC), May 28, 2025--The SBS planning output in May was 76,800 mt, representing a 7.95% increase month on month. Producers intended to reduce SBS output in the third quarter.

05-28-2025 17:05:20

Sinopec Qilu raises Shengli crude processing ratio, jet fuel output

Guangzhou (JLC), May 28, 2025--Sinopec Qilu Petrochemical increased the processing ratio of Shengli crude and the production of jet fuel and petroleum coke, in an effort to cut costs and amplify margi

05-28-2025 15:21:05

China INE crude price inches higher on weaker yuan

Guangzhou (JLC), May 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Tuesday on the back of a depreciation of Chinese currency.

05-27-2025 18:38:44

China’s dry SBS imports and exports both decrease in Apr

Shandong (JLC), May 27, 2025—In April, China's dry SBS (40021913) imports declined by 46.54% month on month, and exports down by 10.79% month on month.

05-27-2025 17:00:49

China LNG imports decrease in April

Beijing, May 27, 2025--China's LNG imports dropped in April 2025, as demand from city gas companies shrank amid the end of winter heating season in mid-March.

05-27-2025 14:33:44

China INE crude price rallies as Trump extends EU tariff deadline

Guangzhou (JLC), May 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday following U.S. President Donald Trump’s decision to delay the 50%

05-26-2025 18:52:09

ZPC pushes ahead with crude oil terminals and storage base project

Guangzhou (JLC), May 26, 2025--Zhejiang Petroleum and Chemical (ZPC) Jintan Logistics Co. is pushing ahead with its crude oil terminals and storage base in Zhoushan, according to official reports.

05-26-2025 18:06:56

Yanchang to put Yulin crude tank farm into use in late June

Guangzhou (JLC), May 23, 2025--Shaanxi Yanchang Petroleum plans to put its Yulin crude oil tank farm into operation on June 20, the company said on its website recently.

05-23-2025 18:40:01

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

Bohai Oilfield to increase oil and gas output to 40 mln mt in 2025

Shandong (JLC), May 23, 2025--CNOOC aimed to raise the oil and natural gas production of its Bohai Oilfield to 40 million mt (mln mt) in 2025, the company announced on May 21.

05-23-2025 15:54:03

Crude stocks at Shandong ports largely stable

Guangzhou (JLC), May 23, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely steady in the week ending May 22.

05-23-2025 13:49:33

China INE crude price retreats on surprise US crude stock build

Guangzhou (JLC), May 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday due to an unexpected crude inventory build in the United States.

05-22-2025 18:38:04

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

China’s butyl acrylate imports down, exports up in Apr

Shandong (JLC), May 22, 2025--China’s imports of butyl acrylate was 2.04 mt in April 2025, and the exports were 28,680 mt, which was a month-on-month increase of 109.25%. The net exports of butyl acry

05-22-2025 14:17:00

China INE crude price extends gains on possible Israeli attack on Iran

Guangzhou (JLC), May 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday due to reports of a potential Israeli strike against Ir

05-21-2025 18:24:34

China's apparent diesel consumption decreases in April

Guangzhou (JLC), May 21, 2025--China's apparent consumption of diesel dropped month on month in April 2025, tracking a decline in output.

05-21-2025 18:20:29

Shandong sees a year-on-year surge in its April crude runs

Guangzhou (JLC), May 21, 2025--Shandong province saw a year-on-year surge in its refinery crude runs in April 2025, which could be ascribed to the startup of a new refinery.

05-21-2025 15:37:30

China INE crude price up as prospects of US-Iran nuclear deal weakens

Guangzhou (JLC), May 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Tuesday as the United States and Iran are still disputing the “red line” of

05-20-2025 18:57:15

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