Latest news on China Crude Oil markets

FLASH: Most-traded SHFE SC crude contract price 2026.05.27

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

Survey: Shandong independent refineries in-plant inventory 2026.05.27

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

FLASH: Shandong independent refineries inventory rate 2026.05.27

OilChem weekly survey of Shandong independent refineries' storage capacity utilization rates. Unit: %

Survey: China commercial crude port inventory index 2026.05.27

OilChem weekly survey on commercial crude oil inventory index at Chinease ports by region. Unit: Point

FLASH: Most-traded SHFE SC crude contract price 2026.05.26

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

China's refined oil exports bottom out in Apr

China's exports of refined oil products fell sharply both month-on-month and year-on-year in April, influenced by geopolitical tensions and domestic supply security policies, despite high export margins. Nevertheless, there are expectations of a relaxation on export control in May against high inven

FLASH: Most-traded SHFE SC crude contract price 2026.05.25

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

A Glance of China Oil Market 20260525

On the demand end, the government raised the guiding retail prices for refined oil in the last round of price adjustment, constraining downstream demand. For gasoil, the rains will slow the demand recovery.

FLASH: Shandong independent refineries' crude arrivals 2026.05.22

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

Survey: China refineries CDU capacity utilizations 2026.05.22

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