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Oil Pipeline explosion slumped crude exports in Nigeria

According to Nigeria the Herald on 25th May, the oil pipeline explosion occurred frequently in Nigeria led to a further falling in crude oil exports in 21,000 bbl/day, thus resulting in a cr

May 30, 2016

China crude demand rose mildly in April

In April, China crude demand rose modestly. The data from Bernstein showed, in April China crude apparent consumption increased by 2.5%, which was roughly equal to the growth rate 2.3% in th

May 30, 2016

China gasoline export progress speeds up

The gasoline exports in April settled up by 5.61% MoM to 707,900 mt, and the exports in January -April settled at 2,571,600 mt, up by 53.81% YoY. The gasoline imports went down by 54.08% MoM

May 30, 2016

China April LPG import volume drops

Still keeping at high level, China LPG import volume in April 2016 totaled 1.4546 million mt, down from that in March. Import volume of liquefied propane read 962,000 mt; volume of liquefied

May 30, 2016

Tight supply results in high price LPG in Northwest China

After Yan’an Refinery got the qualification of importing crude oil, LPG in West China, especially in Northwest China was more and more independent

May 30, 2016

Run rate of China olefin deep processing continued growing

In May 20th-May 26th, run rate of China olefin deep processing read 49.05%, up by 0.95 percentage point from a week ago.

May 27, 2016

Excess in supply caused Naphtha crack spreads declined

On 25th May, Asia Naphtha crack spreads were $57.3/mt, down 10%, which reached the highest point of a month on 24th May. Impact of excess inventory has covered the uncertainty caused by the

May 27, 2016

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