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China INE crude price retreats as prospect of more OPEC+ cuts weakens

Guangzhou (JLC), May 26, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday, as the prospect of more production cuts by OPEC+ weaken

5-26-2023 19:13:24

China's MTBE exports leap 92.40% on month in April

Guangzhou (JLC), May 26, 2023--China's MTBE exports jumped month on month in April 2023, which could be attributed to slow domestic demand and fair export margins.

5-26-2023 17:43:40

Shandong independents’ crude imports surge in May

Gu​angzhou (JLC), May 26, 2023--Shandong-based independents’ feedstock imports surged in May as previously expected, because of faster consumption.

5-26-2023 17:38:15

CNPC Chairman meets with Gazprom’s VP for natural gas cooperation

Guangzhou (JLC), May 26, 2023 – Chairman of CNPC has met with Gazprom’s Vice President Vitaly Markelov on May 24 for the cooperation in the natural gas sector.

5-26-2023 17:10:50

China’s diesel prices slip in late May, gasoline prices stable

Guan​gzhou (JLC), May 26, 2023--China’s wholesale diesel prices slipped again this week, due to shrinking diesel demand, while gasoline prices held largely stable as stronger crude price

5-26-2023 17:01:34

State-owned oil refinery run rates rally after unit restarts

Guangzhou (JLC), May 26, 2023--State-owned oil refineries’ run rates rebounded modestly in the week to May 24, as two refineries boosted their crude runs after bringing some units back onl

5-26-2023 11:23:03

Crude stocks at Shandong ports grow as consumption slows

Guangzhou (JLC), May 25, 2023--The crude stocks at Shandong ports grew in the week to May 25, after consumption slowed down, while cargo unloading and delivery was still slow.

5-25-2023 19:01:21

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