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INE crude rises on weaker yuan

Guangzhou (JLC), June 15, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) gained some ground on Tuesday because of the depreciation of Chinese yuan, but

June 15, 2021

Chinese oil companies running short on oil product export quotas

Guangzhou (JLC), June 15, 2021--State-owned Chinese oil giants are running short on oil export quotas before China releases this year’s second batch of quotas.

June 15, 2021

INE crude stuck on bright demand outlook, stronger yuan

Guangzhou (JLC), June 11, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) kept range-bound on Friday, with support from optimistic demand outlook, but ne

June 11, 2021

Imported feedstock arrivals in Shandong grow despite high stocks

Guangzhou (JLC), June 11, 2021--The arrivals of imported crude and diluted bitumen for Shandong independent refiners and traders grew significantly during June 1-11 when refinery maintenance

June 11, 2021

China to raise fuel prices on June 12

Guangzhou (JLC), June 11, 2021--China will raise the retail ceilings of gasoline and diesel on June 12, the eighth time so far this year, tracking rises in international crude prices.

June 11, 2021

State-run refineries’ run rates edge up on more unit restart

Guangzhou (JLC), June 11, 2021--Chinese state-run refineries’ operating rates extended gains in the week to June 9, as one more unit came back online after maintenance.

June 11, 2021

Crude stocks at Shandong ports retreat from record high

Guangzhou (JLC), June 10, 2021--The crude stocks at Shandong ports retreated from a record high this week, as feedstock consumption sped up after unit restarts.

June 10, 2021

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