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China diesel exports hit the record amid teapots output increasing

In July, China diesel, gasoline and kerosene exports soared up markedly, and the diesel export volume rose by 181.8% YoY to the historical record 1.53 million mt, almost three times of the a

August 24, 2016

China gasoline & diesel inventory declined in August

By August 17th, China gasoline and diesel private commercial inventory settled around 197,700 mt, down by 0.84% against the end of July.

August 24, 2016

NDRC five hard-hitting regulations on teapots for using import crude

NDRC released the notice on further standardize the crude processing enterprises’ application for using import crude.

August 24, 2016

Bunker oil quality upgrade goes ahead

Since April 1st, 2016, Yangtze River Delta was the first are to implementing the ship emission control. By August, during these 4 months, the ports and shipping enterprises had been taking m

August 23, 2016

In August domestic imported base oil price generally fell back

In July and August, China base oil market was obvious oversupply. So, imported base oil market was affected. Not only the total volume fell, but also the base oil price dropped, especially t

August 23, 2016

Hangzhou G20 Summit approaching affects the oil products market on all sides

As G20 Summit in Hangzhou is approaching, Hangzhou Government delimited the core area, strict controlled area and control area centered on home court in 50, 100 and 300 km radius. Recently,

August 23, 2016

China crude daily output declines to the 5-year low in July

Amid the low crude price, some of the producing oil wells of China was hit, and in July the crude daily output declined by 8.1% YoY to the lowest level since October 2011.

August 23, 2016

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