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Import crude runs rose 8.58% of teapots in February

As the teapots has more methods to acquire crude, the crude is taking a more important role in processing feedstock for teapots, mainly including quota crude, marine crude and crude spot.

March 08, 2016

Coal demand might have peaked, CEP 2030 report said

China’s coal consumption might have already peaked, and is predicted to fall to 3.6 billion mt by 2030, with a proportion of below 50% to the total energy consumption.

March 07, 2016

2016 new policies influenced bunker market

2015 witnessed dull bunker oil market, and its prospect is still pessimistic in 2016. China government issued series of new policies about ”pollution prevention and emission control”, su

March 07, 2016

Main refineries cut the run rate

In early March, the overhauls of main refineries were much larger than February. In addition, the crude rally pushed down the main refineries refining margins .

March 04, 2016

Singapore gasoline import arbitrage soared to CNY304/mt

In February 1st-26th, 2016, Singapore gasoline import profit in South China was average at CNY304/mt.

March 04, 2016

Qirun Chemical acquired the crude import right

On March 2nd, Department of Commerce of China claimed that Qirun Chemical was qualified for importing crude for non-stated trade, after Jingbo, Luqing, Huifeng and Tianhong acquiring the cru

March 04, 2016

A large amount of crude arrived in Shandong

A large amount of crude arrived in Shandong

March 03, 2016

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