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Crude stocks at Shandong ports near record high

Guangzhou (JLC), May 27, 2021--The crude stocks at Shandong ports extended gains this week when independent refiners’ feedstock consumption was slow amid peaking refinery maintenance.

May 27, 2021

China plans to lower gasoline, diesel exports in June

Beijing (JLC), May 27, 2021--China plans to axe its oil product exports from the month-ago level in June 2021, refinery sources told JLC.

May 27, 2021

Shandong independents’ refining margins rise on weaker costs

Guangzhou (JLC), May 27, 2021--Shandong-based independent refiners’ refining margins extended gains this week, as feedstock costs lost more ground than product prices.

May 27, 2021

Stricter measures cloud Chinese independents’ crude import

Beijing (JLC), May 27, 2021--China’s independent refineries are further feeling the coolness in the imported crude market, caused by a series of stricter measures and hammers by the govern

May 27, 2021

INE crude extends gains on bullish inventory report

Guangzhou (JLC), May 26, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rose slightly on Wednesday, on reports that the US inventories of crude oil and

May 26, 2021

Sinopec raises May Shengli crude price

Guangzhou (JLC), May 26, 2021--Sinopec raised its Shengli crude price in May, the fourth time this year, tracking rises in international crude prices, according to refiner sources in Shandon

May 26, 2021

Shandong independents' run rates slip further on maintenance

Guangzhou (JLC), May 26, 2021--Shandong-based independent refiners’ operating rates extended losses this week, due to more refinery maintenance.

May 26, 2021

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