Sinopec Boosts China's Shale Oil Output | EN590 Commodities
EN590 Commodities GroupCrude Oil May 25, 2026
Expert Says Traders Should Brace for July Jump in Oil Prices Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output as the world’s biggest crude importer looks to boost its energy security. Cumulative oil production at Jiyang has topped 2 million tons, Chinese mediareportedon Monday. The Jiyang base, which covers about 7,300 square kilometers, or 2,820 square miles, in the Shandong province in east China, increased shale oil output by 15% in the first four months of 2026 compared to the same period last year, thanks to 10 new wells placed into operation, according t
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.