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China cuts 1st-batch crude import quotas for 2022

Guangzhou (JLC), December 30, 2021--China’s Ministry of Commerce (MOC) has issued the first batch of quotas on non-state crude import for 2022, permitting 109.03 mln mt of imports, a drop

December 30, 2021

China INE crude holds gains on US crude inventory draw

Guangzhou (JLC), December 29, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) extended gains on Wednesday, after reports of a large US crude invent

December 29, 2021

Shandong independents' operating rates rise modestly at year-end

Guangzhou (JLC), December 29, 2021--Shandong-based independent refiners’ operating rates climbed modestly at the end of the year when some refiners’ crude throughput rebounded.

December 29, 2021

China INE crude rallies on weaker yuan

Guangzhou (JLC), December 28, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) rebounded on Tuesday after Chinese yuan weakened.

December 28, 2021

China stocks little crude in 2021

Guangzhou (JLC), December 28, 2021--China stocked little crude in 2021 when the country's imports dropped amid much higher prices and throughput grew.

December 28, 2021

Sinopec Fuel Oil sets new bunkering record

Guangzhou (JLC), December 28, 2021--Sinopec Fuel Oil Co. has recently set a new bunkering record regarding fuel injection into a single ship, Sinopec said on its news website on December 28.

December 28, 2021

China INE crude loses steam on growing demand worries

Guangzhou (JLC), December 27, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) was steady on Monday, after three straight gains, depressed by worrie

December 27, 2021

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