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INE crude dips on China’s plan to release crude reserves

Guangzhou (JLC), September 10, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) edged down on Friday, after China announced a plan to release crude from r

September 10, 2021

Oman surpasses ESPO among Shandong feedstock arrivals in early Sept

Guangzhou (JLC), September 10, 2021--The volumes of Oman crude arriving at Shandong ports for independent refiners surpassed those of ESPO in early September, JLC's preliminary shipping fixt

September 10, 2021

State-run refineries’ operating rates slip on maintenance

Guangzhou (JLC), September 10, 2021--Chinese state-run refineries’ operating rates slipped in the week to September 8 because of a new refinery turnaround.

September 10, 2021

China to release crude reserves to relieve cost pressure

Beijing (JLC), September 10, 2021--China is going to release crude stocks in the reserves in batches to deal with increasing cost of feedstocks for domestic enterprises, the State Bureau of

September 10, 2021

INE crude rallies on positive supply news

Guangzhou (JLC), September 9, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) gained some ground on Thursday, when more than a quarter of production in t

September 09, 2021

Crude stocks at Shandong ports rebound on slow outbound delivery

Guangzhou (JLC), September 9, 2021--The crude stocks at Shandong ports rebounded this week when delivery out of local ports was slow and there was plenty of feedstock in bonded tanks, accord

September 09, 2021

Jiangsu Shenghong gets approval to use imported crude

Guangzhou (JLC), September 9, 2021--Shenghong Group in eastern Jiangsu has won the approval to use imported crude at its new refining-chemical complex, the company said.

September 09, 2021

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