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Russian intermediary said China’s oil imports surged 52% YoY from Russia in April

According to report from Russian media on 24th May, in April, China’s oil imports from Russia surged 52% YoY to 4.81million mt to a record high. In March 2016, China’s oil imports from R

May 26, 2016

Natural gas faces reversible replacement by fuel oil in boilers

Domestic oil products, blended oil and fuel oil prices have halved since H2 2014, with tumbling international crude oil prices. Boiler-dedicated fuel oil turns into a favorite anew among ind

May 26, 2016

Shandong - the largest crude import province in April in China

The customs data showed, in April China imported crude 32.58 million mt, down by 0.1% MoM and up by 7.6% YoY, and the crude exports settled down by 40.9% YoY to 0.26 million mt.

May 26, 2016

Naphtha crack spreads rose but market outlook will remain pessimistic in Asia

On 23th May, Asia Naphtha crack spreads were $55.25/mt, up 0.5%. But dealers considered that the slight increase was a temporary reaction to the decline in western cargo arrive in Asia next

May 26, 2016

Light marine crude margins increased to CNY257/mt of Shandong teapots

The theoretical loss of processing light marine crude of Shandong teapots went up by CNY122/mt WoW to CNY257/mt.

May 26, 2016

Current of alkane deep processing against intensive maintenance

Not only the maintenance of refineries, but intensive maintenance of alkane deep processing plants affects feedstock supply and downstream products.

May 26, 2016

Shandong teapots run rate slid to 51.19%

Shandong teapots run rate slid to 51.19%

May 25, 2016

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