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Prostar Capital buys China private oil depot stocks equity

Prostar Capital focused on midstream energy infrastructure bought up 40% stocks equity with 100 million dollars of one large strategic crude and oil products oil depot in Zhejiang Province.

June 20, 2016

Surged BTX aromatics caused losses of some importers

Domestic blended oil traders increased its demand on other BTX aromatics as the implementation of NationalⅤ refined oil standards. BTX aromatics imports surged in early 2016. How is the do

June 20, 2016

Singapore gasoline import arbitrage slid sharply to -CNY619/mt

In June 1st-15th, 2016, Singapore gasoline import profit in South China was average at –CNY619/mt, decreasing CNY343/mt against May; diesel import profit declined to CNY22/mt.

June 20, 2016

Lifted MTBE run rate slumped profits

Domestic MTBE market moved in a downward trend since middle May and exacerbated in June. Currently Shandong MTBE transaction prices was settled at CNY4,500-4,550/mt, down CNY700/mt than in m

June 20, 2016

Shandong Qingyuan was granted to use import crude 4.04 mln mt

China Petroleum and Chemical Industry Federation (CPCIF) claimed on June 15th that Shandong Qingyuan Group was qualified for using import crude 4.04 million mt/yr preliminarily.

June 20, 2016

China saves 1.57 bln mt standard coal in 10 years

From 2005 to 2015, China totally saved 1.57 million mt of standard coal, reducing carbon emission by 3.6 billion mt.

June 20, 2016

Russia raises oil export tariff since July

Since July 1st, Russia crude export tariff will be raised to $95.9/mt from $80.6/mt since June, but the crude oil export tariff in East Siberia, Caspian Sea Oilfield and пpэлoMHoe Oilfiel

June 17, 2016

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