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EIA crude oil inventory fell in five consecutive weeks but less than expected

According to data released by EIA on 22nd June as of 17th June, US EIA crude oil inventory dropped 917,000bbl, 1.2891million bbl less than expected. EIA crude oil inventory fell in five cons

June 28, 2016

China’s crude oil imports raised 19.5% YoY from Iran in May

According to data released by General Administration of Customs of PRC on 21st June, China imported 619,000bbl/day crude oil from Iran, up 19.5% YoY.

June 28, 2016

Shandong Fuyu resumes recently

Shandong Fuyu Chemical finished the overhauls of all units, and resumed on June 22nd. Shandong Fuyu is a private petrochemical company.

June 28, 2016

China diesel exports rose 18.80% in May

China diesel exports rose 18.80% in May

June 28, 2016

China gasoline exports continued to increase 9.9% in May

China gasoline exports continued to increase 9.9% in May

June 28, 2016

Sinopec Urumqi Aromatics project won the 2016 annual oil quality engineering award

On 19th June, Sinopec Urumqi 1 million mt/yr Aromatics combined plant and ancillary works, expansion of 800,000mt/yr ethylene project and other 17 projects won 2016 annual oil quality engine

June 28, 2016

Ningbo Daxie all newly-constructed units operation

According to JYD, by now Ningbo Daxie Petrochemical newly-constructed units were all operated, and the products were produced gradually. But during G20 Summit, the operation rate will be cut

June 27, 2016

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