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Iran crude export to 2.31 mln b/d in June a 4-1/2-year high

It’s reported, in June the crude export of Iran would reach the high level in four and a half years, as the export volume to Europe had recovered to the level before economy sanction.

June 16, 2016

Despite slack season of LPG, import volume keeps at high level

According to JYD, import volume of LPG in the first half of June in South China reads 313,000 mt, down 5% from H1 May. Despite slack reason for LPG consumption in summer in South China, oper

June 16, 2016

Shaanxi oil products output & sales plunged in May

NDRC of Shaanxi Province reported that, in May the crude run, oil products output and sales all reduced sharply.

June 16, 2016

Run rate of DME unit grows gradually

Data from JYD show that run rate of DME unit in China keeps around 28.2%, down 0.73 percentage point from last week. Run rate of DME unit may continue growing as some DME units restart opera

June 16, 2016

Oman crude refining margins grew up to CNY164/mt amid low cost

This week, based on settlement at CNY3,000/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 15th, the theoretical loss of processing light marine crude of Shandong te

June 15, 2016

Panjin Northern Asphalt resumption drove up run rate to 55.92%

According to JYD statistics from 41 Shandong teapots, up to June 15th, 2016, the CDU run rate ended down by 0.11 percent WoW to 52.7%

June 15, 2016

China teapots are expected to get more import quotas

Shandong Dongming Petrochemical vice president Zhang Liucheng said on 1st June that China might approve more crude import quotas in teapots. It is predicted that the total import quota will

June 15, 2016

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