Latest news on China Crude Oil markets

FLASH: Most-traded SHFE SC crude contract price 2026.01.12

Daily price reporting of the most-traded SHFE SC crude oil futures contract. Unit: RMB Yuan/bbl

A Glance of China Oil Market 20260112

On the demand end, the gasoline transactions are projected to remain flat, while traders' inquiries will likely improve by middle of the month. The gasoil demand is expected to further weaken with consumption hitting low in northern China and continuing to slow in southern China.

FLASH: Shandong independent refineries' crude arrivals 2026.01.16

OilChem weekly survey of Shandong independent refineries' imported crude oil arrivals volume. Unit: '000 tonnes

Survey: China refineries CDU capacity utilizations 2026.01.09

OilChem weekly survey of China refineries' CDU capacity utilization rates by region. Unit:%

FLASH: Most-traded SHFE SC crude contract price 2026.01.09

Daily price reporting of the most-traded SHFE SC crude oil futures contract. Unit: RMB Yuan/bbl

Survey: Shandong independent refineries in-plant inventory 2026.01.09

OilChem weekly survey of Shandong independent refineries' in-plant crude oil inventory. Unit: '000 tonnes

FLASH: Sinopec and China Aviation Oil announced to restructure

According to the official website of the State-owned Assets Supervision and Administration Commission of the State Council, with the approval of the State Council, China Petrochemical Corporation (hereinafter referred to as Sinopec, 600028.SH) and China Aviation Oil Group Corporation (hereinafter re

Survey: Crude oil throughput of China state-owned refineries 2026.01.08

OilChem weekly survey on crude oil throughput of China state-owned refineries by company. Unit: '000 tonnes

Survey: Crude oil throughput of China refineries 2026.01.08

OilChem weekly survey on crude oil throughput of China refineries by region. Unit: '000 tonnes Note: the survey data covers all 157 refineries in China (100% coverage), including 66 independent refineries and 91 state-owned ones.

FLASH: Most-traded SHFE SC crude contract price 2026.01.08

Daily price reporting of the most-traded SHFE SC crude oil futures contract. Unit: RMB Yuan/bbl