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Crude stocks at Shandong ports fall on faster consumption

Guangzhou (JLC), November 12, 2021--The crude stocks at Shandong ports declined further in the week to November 11, as local independent refiners sped up their consumption.

November 12, 2021

More Oman crude arriving in Shandong for independent refiners

Guangzhou (JLC), November 12, 2021--More Oman crude is arriving at Shandong ports for independent refiners in November when local feedstock arrivals tend to increase.

November 12, 2021

China INE crude slips on EIA inventory data

Guangzhou (JLC), November 11, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated Thursday after the Energy Information Administration (EIA)

November 11, 2021

State-run refineries boost crude runs to increase diesel supply

Guangzhou (JLC), November 11, 2021--Chinese state-run refineries’ operating rates climbed further in the week to November 10, as refineries ramped up their crude throughput amid efforts to

November 11, 2021

Shandong independents’ refining margins drop on weaker products

Guangzhou (JLC), November 11, 2021--Shandong-based independent refiners’ refining margins declined further this week due to relatively large drops in products prices, after retreating from

November 11, 2021

China adjusts quotas on oil product exports to meet demand

Guangzhou (JLC), November 11, 2021--China's Ministry of Commerce has made some adjustments to this year’s quotas on the exports of oil products (gasoline, diesel and jet fuel) and low-sulf

November 11, 2021

China allocates LSFO export quotas unevenly in 3rd batch

Beijing (JLC), November 11, 2021--China’s Ministry of Commerce (MOC) granted more quotas on LSFO exports for Sinopec, PetroChina and CNOOC, and cut those for the other two holders in its 3

November 11, 2021

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