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China ranks the global largest crude importer surpassing America

China ranks the global largest crude importer surpassing America

October 17, 2016

Main refineries’ jet fuel ex-refinery prices increased in October

Petro China increased October Jet Fuel settlement prices since October 1st, 2016:

October 17, 2016

OPEC and Russia will work together to prevent US’s shale oil recovery

According to RBC Capital Markets, Russia and OPEC wished to keep the oil prices at $50-60/bbl and America was the biggest obstacle to achieve this.

October 17, 2016

Petroleum coke supply would be tightened due to the new standards

China’s National Energy Administration released the notice in October and showed that petroleum coke would be added to the energy industry standards, which was begun on March 1st, 2016.

October 17, 2016

Teapots’ international influences may be lifted amid enlarging refined oil exports

Entering into October, Shandong teapots had made its efforts in the refined oil export link with the increasing refineries involved in. Except for the refineries which had exported refined o

October 17, 2016

Zhuhai Baota' remaining import crude quota is sufficient in this years

According to JYD, CDU with the capacity of 1.5 million mt/yr of Zhuhai Baota Petrochemical is finishing the maintenance, but the specific resuming date is not determined.

October 17, 2016

Zhuhai Baota Petrochemical’s maintenance is finishing with an undetermined restart time

According to JYD, Zhuhai Baota Petrochemical’s 1.5 million mt/yr atmospheric and vacuum distillation unit was completing its maintenance with an undetermined restarting time.

October 17, 2016

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