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China likely to slash 2nd-batch oil product export quotas

Guangzhou (JLC), June 9, 2021--China is likely to slash this year’s second batch of quotas for the exports of gasoline, diesel and jet fuel and then cut exports later this year, amid effor

June 09, 2021

INE crude dips after China’s crude imports fall

Guangzhou (JLC), June 8, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Tuesday, in light of a decline in China’s crude imports, stronger

June 08, 2021

China’s oil product exports rebound year on year in May

Guangzhou (JLC), June 8, 2021--China’s oil product exports rebounded year on year in May, as exports plunged to a low level a year before amid impact from the outbreak of the coronavirus w

June 08, 2021

China's May crude imports plunge year on year

Guangzhou (JLC), June 8, 2021--China recorded a year-on-year slump in its crude oil imports in May, because of refinery maintenance and a high base amid crashing prices a year before.

June 08, 2021

INE crude rises on recovering demand, though US jobs data below projection

Guangzhou (JLC), June 7, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rallied on Monday because of recovering fuel demand in the western countries, th

June 07, 2021

PetroChina to resume plan for Dalian refinery relocation

Beijing (JLC), June 7, 2021--China National Petroleum Corporation (CNPC) plans to resume its plan of the relocation of Dalian Petrochemical in northeastern Liaoning province, an industry sou

June 07, 2021

INE crude retreats as COVID-19-related fears persist

Guangzhou (JLC), June 4, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) shed some gains on Friday, amid lingering demand concerns over slow progress of

June 04, 2021

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