Latest news on China Crude Oil markets

Survey: China refineries CDU capacity utilizations 2026.10.09

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

FLASH: Most-traded SHFE SC crude contract price 2026.10.09

Daily price reporting of the most-traded SHFE SC crude oil futures. According to SHFE, the most-traded contract of SC crude oil on Oct 9 was settled at 741.30 yuan/bbl, up 3.90yuan/bbl DoD. Unit: RMB Yuan/bbl

Higher oil prices lift China's oil majors in H1 2026, but earnings gains diverge

Higher oil prices gave China's three big state-owned oil companies, PetroChina, CNOOC and Sinopec a strong first half of 2026.

FLASH: Most-traded SHFE SC crude contract price 2026.10.08

Daily price reporting of the most-traded SHFE SC crude oil futures. According to SHFE, the most-traded contract of SC crude oil on Oct 8 was settled at 737.40 yuan/bbl, up 41.30yuan/bbl DoD. Unit: RMB Yuan/bbl

Survey: China refineries refining profitability 2026.10.08

OilChem survey of China refineries' weekly refining profitability. Unit: RMB yuan/tonne

Survey: Crude oil throughput of China state-owned refineries 2026.10.08

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

Survey: Crude oil throughput of China refineries 2026.10.08

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: Shandong independent refineries' crude arrivals 2026.10.02

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

China's first standalone oil & gas five-year plan shifts the focus from volume to security and transition

In August 2026 the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) released the 15th Five-Year Plan for Oil & Gas Development, the first standalone national five-year plan for the sector. The 15th asks how the industry redefines its role in the energy t

FLASH: Most-traded SHFE SC crude contract price 2026.09.30

Daily price reporting of the most-traded SHFE SC crude oil futures. According to SHFE, the most-traded contract of SC crude oil on Sep 30 was settled at 696.10 yuan/bbl, down 20.80yuan/bbl DoD. Unit: RMB Yuan/bbl