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China INE crude range-bound on small crude inventory draw

Guangzhou (JLC), December 9, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) moved sideways Thursday, after the Energy Information Administration (

December 09, 2021

State-run refineries’ operating rates tumble on abundant supply

Guangzhou (JLC), December 9, 2021--Chinese state-run refineries’ operating rates plunged in the week to December 8, as diesel supply has become abundant again and fuel demand seasonally we

December 09, 2021

Qinzhou port in Guangxi receives another VLCC

Guangzhou (JLC), December 9, 2021--Qinzhou port in Guangxi has lately received a second very large crude carrier (VLCC) since the operation of its 300,000 deadweight ton (DWT) crude terminal

December 09, 2021

PetroChina Jinzhou Petrochemical's bunker fuel exports set new high

Guangzhou (JLC), December 9, 2021--PetroChina Jinzhou Petrochemical in northeast China’s Liaoning province recorded 50,200 mt of bunker fuel exports in November 2021, a new record high, Pe

December 09, 2021

Shandong independents’ refining margins up on lower feedstock cost

Guangzhou (JLC), December 9, 2021--Shandong-based independent refiners’ refining margins climbed further this week as feedstock cost still lost more ground than product prices.

December 09, 2021

China's foreign trade surges 22% in first 11 months

Guangzhou (JLC), December 8, 2021--China's yuan-dominated imports and exports surged by 22% year on year to 35.39 trillion yuan (5.55 trillion US dollars) in the first 11 months of 2021, acc

December 08, 2021

Surprise US crude inventory draw sends China INE crude higher

Guangzhou (JLC), December 8, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) rose Wednesday, a third consecutive day of gains, supported by a surpr

December 08, 2021

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