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Crude stocks at Shandong ports largely stable at year-end

Guangzhou (JLC), December 31, 2021--The crude stocks at Shandong ports were largely stable in the last week of 2021 when both cargo arrivals and crude consumption edged up.

December 31, 2021

Shandong's crude imports from Oman surge in December

Guangzhou (JLC), December 31, 2021--Shandong saw a surge in the imports of Oman crude by independent refiners and traders in December 2021 as independent refiners have increased their proces

December 31, 2021

China to raise fuel prices on first day of 2022

Guangzhou (JLC), December 31, 2021--China will raise the retail ceilings of gasoline and diesel on January 1, 2022, tracking rises in international crude prices in the corresponding pricing

December 31, 2021

China INE crude edges up on bullish EIA data

Guangzhou (JLC), December 30, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) rose slightly on Thursday, after the Energy Information Administratio

December 30, 2021

State-run refineries' operating rates rally slightly

Guangzhou (JLC), December 30, 2021--Chinese state-run refineries’ operating rates rebounded slightly in the week to December 29 when Fujian Refining and Petrochemical was restarting its un

December 30, 2021

Shandong independents’ refining margin for imported crude drops

Shandong independents' refining margin for imported crude dropped this week, because feedstock costs rose more than product prices.SHI

December 30, 2021

China issues first-batch quotas on 2022 oil product imports

Guangzhou (JLC), December 30, 2021--China's Ministry of Commerce (MOC) has issued the first batch of quotas on oil product imports for 2022, according to a notice from the MOC.

December 30, 2021

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