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Retail-wholesale spread of oil products narrows in June

Beijing (JLC), June 10, 2021--The spread between retail and wholesale oil product prices narrowed in June, mainly because the wholesale price was strong, JLC's data showed.

June 10, 2021

China wholesale oil product prices expected to extend gains

Beijing (JLC), June 10, 2021--Wholesale oil product prices may continue rising in China as China will raise the retail prices ceilings of gasoline and diesel for the eighth time on June 12.

June 10, 2021

China refinery maintenance drops further in June

Guangzhou (JLC), June 10, 2021--China continues to see declining refinery maintenance in June as more refineries resume production after turnarounds.

June 10, 2021

INE crude range-bound on mixed US inventory data

Guangzhou (JLC), June 10, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) didn’t change much on Thursday, because of mixed US inventory data reported b

June 10, 2021

Shandong independents’ refining margins stay lofty

Guangzhou (JLC), June 10, 2021--Shandong-based independent refiners’ refining margins stayed lofty this week when product prices were strong, though the margins for imported crude slipped

June 10, 2021

INE crude rallies after drops in US crude stocks

Guangzhou (JLC), June 9, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Wednesday, as the US crude stocks fell and concerns over a resumpti

June 09, 2021

Shandong independents' run rates surge on unit restarts

Guangzhou (JLC), June 9, 2021--Shandong-based independent refiners’ operating rates surged this week, due to more unit restarts.

June 09, 2021

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