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Gasoline increase pushed up China oil products stocks soar in June

Recently, Energy Aspects said, in June China oil products inventory continued to soar, mainly pushed up by gasoline inventory increasing to 57.3 million barrels, the historical high, and mea

July 25, 2016

MTBE run rate dropped, profits remained low

Domestic MTBE prices slightly rallied since July, trading atmosphere improved. At present Shandong MTBE transaction prices up by CNY150/mt from CNY4,450/mt in early July to CNY4,600/mt.

July 25, 2016

Teapots crude imports quadrupled against 2015 in H1

China’s General Administration of Customs data showed, in the first half year of 2016, Shandong independent refineries imported crude 22.23 million mt, or about 1.08 million barrels per da

July 25, 2016

Sinopec Hainan diesel unit modification for China VI oil

Sinopec Hainan Refining & Chemical Company planned to modify the diesel hydrogenation modification unit with 2.48 million mt/yr

July 25, 2016

Shandong oil products bulk terminal project

Shandong Chengyue Trading Company planned to construct an oil products bulk terminal project in Shengtuo Industry Park in Kenli County of Dongying City.

July 25, 2016

Realized down-adjusted oil products retail prices depressed blended oil market

International crude futures moved in a downward trend since July, followed by domestic blended market prices.

July 25, 2016

North-South coal haulage declines, reflected in lower demand for diesel

Under ongoing capacity reduction campaign and sliding demand for coal amid economic transformation and environmental protection, coal output and shipments dropped obviously from the start of

July 25, 2016

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