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Crude stocks at Shandong ports rise on more customs clearance

Guangzhou (JLC), January 6, 2022--The crude stocks at Shandong ports climbed at the beginning of 2022, as more cargoes were cleared through the customs after China released the first batch o

January 06, 2022

Hydrogen can take off as prices drop, JLC says at CCTV interview

Guangzhou (JLC), December 6, 2022--Hydrogen as a new energy source can develop very fast in the coming years when technological innovation pushes down the costs, JLC said at a CCTV interview

January 06, 2022

Domestic gasoline demand to grow in January, diesel to drop

Guangzhou (JLC), January 6, 2022--Domestic gasoline demand will grow in January as travel increases before the Chinese New Year that begins on February 1, while diesel demand will drop to th

January 06, 2022

State-run refineries' December run rates retreat from high levels

Guangzhou (JLC), January 6, 2022--Chinese state-run refineries’ operating rates retreated in December when diesel supply was abundant again, after hitting high levels amid a supply crunch

January 06, 2022

Sinopec, PetroChina cut December crude throughput on abundant supply

Guangzhou (JLC), December 6, 2022--Sinopec and PetroChina reduced their crude throughput in December, as diesel supply became abundant again after large production increases as from October.

January 06, 2022

China INE crude rises after OPEC+ sticks to its plan

Guangzhou (JLC), January 5, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) climbed on Wednesday, after OPEC+ agreed to maintain a slight productio

January 05, 2022

Shandong independents' refining margins drop on higher costs

Guangzhou (JLC), January 5, 2022--Shandong-based independent refiners’ refining margins narrowed further this week, as the rise in feedstock costs outpaced that in product prices.

January 05, 2022

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