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Domestic oil product supply to grow on less maintenance, lower exports

Guangzhou (JLC), July 5, 2021--Domestic gasoline and diesel supply is set to grow in July, as more refineries are coming back on line after maintenance and Chinese oil companies plan to slas

July 05, 2021

Sinopec, PetroChina's June crude runs rise on unit restarts

Guangzhou (JLC), July 5, 2021--Sinopec and PetroChina's crude throughput extended gains in June 2021, as a result of more unit restarts after maintenance.

July 05, 2021

INE crude gains steam on potential lower output rises for OPEC+

Guangzhou (JLC), July 2, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) increased on Friday, mainly due to a lower-than-expected production increase for

July 02, 2021

Imported diluted bitumen drops out of Shandong feedstock list

Guangzhou (JLC), July 2, 2021--Independent refiners have stopped the import of diluted bitumen as feedstock since late June, because of the imposition of consumption tax as from June 12.

July 02, 2021

State-run refineries’ run rates stable at 84.43%

Guangzhou (JLC), July 2, 2021--Chinese state-run refineries’ operating rates were stable at 84.43% in the week to June 30, JLC data shows.

July 02, 2021

INE crude stable as market waits for OPEC+’s decision

Guangzhou (JLC), July 1, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) drifted sideways on Thursday, as market participants are waiting for OPEC+’s d

July 01, 2021

Crude stocks at Shandong ports remain high

Guangzhou (JLC), July 1, 2021--The crude stocks at Shandong ports were still very high this week, despite a modest week-on-week drop.

July 01, 2021

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