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Exports of jet fuel rise to new highs in December

According to customs data, China imported jet fuel of 294,000 mt in December 2016, up 14.56% MoM and down 2.26% YoY. In 2016, China's total imports of jet fuel reached 3.9445 million mt, up

February 09, 2017

BofA: oil price to reach $70/bbl this summer

According to Francisco Blanch, Commodity Research Director of BofA, in his interview on February 7th (Tuesday), Brent crude oil is estimated to soar at $70/bbl this summer.

February 09, 2017

China likely to accept first vessel of crude from Canadian east coast

According to crude traders, 710,000 bbl of White Rose crude oil (with API at 30.56 and sulphur content of 0.28%) and Hibernia crude oil (some with API at 36 and sulphur content at 0.40%) is

February 09, 2017

Fuel oil import climbs in December

According to customs data, China imported fuel oil of 1.2083 million mt in December 2016, soaring 348,000 mt or 40.45% on month; the country exported fuel oil of 988,100 mt, marking a plunge

February 09, 2017

Haiyou plans restart in late February

According to JLC statistics from 41 Shandong teapots, up to February 8th, 2017, the CDU run rate jumped 1.46 percentage points WoW to 56.11%.

February 09, 2017

Terminal demand for oil products recovers slowly, retail profits of gas stations improve

According to JLC’s calculations, as of February 7th, the fifth working day of the current round of oil products pricing cycle, the rate of change in the price of crude oil was 1.4%, and th

February 08, 2017

Marine crude losses narrow CNY23/mt at CNY183/mt

This week, based on the settlement price CNY3,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on February 8th, the theoretical processing profits of teapots were –CNY1

February 08, 2017

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