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Main refineries' run rate settled up to 78.65%

Main refineries' run rate settled up to 78.65%

December 03, 2015

Jinhua Crude Pipeline went into operation of PetroChina North China

Jinhua Crude Pipeline went into operation of PetroChina North China

December 03, 2015

Oil price was less fluctuant in November, $50/b became the mainstream reference price

The international oil price moved sideways after falling in November 2015, and the fluctuation of price narrowed further, with volatility more than $2/b few to see.

December 03, 2015

China oil market unlikely to rebound amid downturn in new pricing session

According to JYD, on December 1st (the tenth workday), the referential crude oil futures averaged $41,56/bbl, with change rate reading -6.52%.

December 03, 2015

The market showed no favorable factors, blended oil market was bearish

Domestic blended oil market was dispirited amid declining retail price of refined oil products, and domestic oil market participants continued to adopt a wait-and-see stance in early Decembe

December 03, 2015

China oil product consumption settled at 24.46 million mt in October

China oil product consumption settled at 24.46 million mt in October

December 03, 2015

S-zorb unit under construction of Sinopec Wuhan

S-zorb unit under construction of Sinopec Wuhan

December 03, 2015

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