Polyethylene (PE) is the most popular plastic globally, and the widespread use of plastics has created severe environmental issues. High energy consumption in the current process makes its recycling a challenging problem. In our report, the depolymerization of high-density PE was conducted in various liquid-phase solvents with the Ru/C catalyst under relatively mild conditions. The maximum yields of the jet-fuel- and lubricant-range hydrocarbons were 60.8 and 31.6 wt %, respectively. After optimization of the reaction conditions (220°C and 60 bar of H2), the total yield of liquid hydrocarbon products reached approximately 90 wt % within only 1 h. The product distribution could be tuned by the H2 partial pressure, the active-metal particle size, and the solvents. The solvation of PE in the different solvents determined the depolymerization reaction kinetics, which was confirmed by the molecular dynamics simulation results.