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Dongfang Petchem diesel HYD project is started to construct

Recently, CNOOC Dongfang Petrochemical civil and installation work of diesel hydrogenation unit with 0.6 million mt/yr has been started.

March 29, 2016

China crude oil inventory rose 1.08% in February

China crude oil inventory rose 1.08% in February

March 29, 2016

Naphtha demand shrank in blended oil but developed in other applications

As one of blending feedstock, naphtha has brought sharp focus. But as oil product standard upgrades and the other emerging blending feedstock rose, naphtha influence on blended oil market wa

March 28, 2016

Standard Chartered: China crude imports would create new high again

Standard Chartered said, in order to meet the needs of refining industries capacity expansion and national strategic reserves, China crude imports might set a new record high in 2016.

March 28, 2016

CNOOC net profits declined 66%

CNOOC released the annual performance, showing in 2015 CNOOC gained profits 20.25 billion yuan, down by 66.4% YoY.

March 28, 2016

Main refineries' jet fuel EXW price would be raised in April

According to JYD, during February 25th-March 24th, Singapore jet fuel average price settled up by $6.64/bbl MoM to $46.65/bbl, and the exchange rate of RMB against dollar was average at 6.51

March 28, 2016

Alkylated gasoline market reverted to bleak since late March

Domestic alkylated gasoline market showed downward trend and recorded thin trades since late March. According to JYD data, up to March 23, domestic alkylated gasoline averaged CNY4,835/mt, d

March 25, 2016

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