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State-run refineries hold run rates steady in early Aug

Guangzhou (JLC), August 6, 2021--Chinese state-run refineries continued to hold their operating rates steady in early August when no crude distillation unit (CDU) came back online or offline

August 06, 2021

China's fuel oil imports drop in June on rising domestic supply

Beijing (JLC), August 6, 2021--China’s fuel oil imports totaled 998,467 mt in June 2021, a month-on-month decline of 5.81% and a year-on-year plunge of 34.46%, according to data from the G

August 06, 2021

INE crude drops on unexpectedly building crude stocks

Guangzhou (JLC), August 5, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) edged down Thursday, depressed by an unexpected build in the US crude stocks,

August 05, 2021

Shandong independents’ refining margins drop on stronger costs, weaker products

Guangzhou (JLC), August 5, 2021--Shandong-based independent refiners’ refining margins declined this week because of higher feedstock costs and weaker product prices.

August 05, 2021

Crude stocks at Shandong ports rebound as consumption slows

Guangzhou (JLC), August 5, 2021--The crude stocks at Shandong ports rebounded modestly this week as consumption slowed down further, though cargo arrivals in July had dropped to the lowest l

August 05, 2021

Zhejiang to construct new crude pipeline for ZPC

Beijing (JLC), August 5, 2021--China’s Zhoushan Petroleum Pipeline Company plans to construct a new crude oil pipeline in eastern Zhejiang province, Zhejiang Free Trade Zone said.

August 05, 2021

Shandong independents’ refining margins shrink in July

Guangzhou (JLC), August 5, 2021--Shandong-based independent refiners’ refining margins narrowed in July, as feedstock costs rose more than oil product prices.

August 05, 2021

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