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Shandong independents’ refining margins rally on stronger products

Guangzhou (JLC), November 25, 2021--Shandong-based independent refiners’ refining margins rebounded this week as most product prices climbed and pushed up refiners’ sales revenue.

November 25, 2021

China INE crude surges as US crude releases lower than expected

Guangzhou (JLC), November 24, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) rose sharply on Wednesday, after the US announced a lower-than-projec

November 24, 2021

Shandong independents’ operating rates edge down

Guangzhou (JLC), November 24, 2021--Shandong-based independent refiners’ operating rates edged down this week, with some impact from government policies.

November 24, 2021

China biodiesel exports inch down in October

Beijing (JLC), November 24, 2021--China’s biodiesel exports were 95,515 mt in October 2021, inching down by 1.84% month on month, data from the General Administration of Customs (GAC) show

November 24, 2021

Sinopec's ZRCC starts up 4mln mt/yr hydrocracking unit

Beijing (JLC), November 24, 2021--China’s oil giant Sinopec said Monday that its Zhenhai Refining and Chemical Company (ZRCC) had put a new hydrocracking unit into operation.

November 24, 2021

China may release another batch of crude reserves soon

Guangzhou (JLC), November 23, 2021--China may release a second batch of crude reserves in the near term, in view of high crude and bulk commodity prices, according to market sources.

November 23, 2021

China INE crude stops falling on limited impact from potential crude release

Guangzhou (JLC), November 23, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) stopped falling on Tuesday, as impacts from talk of a coordinated rel

November 23, 2021

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