Oil
Guangzhou (JLC), June 23, 2022--China’s kerosene output dropped faster in May to a new low in nearly 11 years, because of weak domestic demand when virus-led restrictions stayed.
June 23, 2022
The gasoline and diesel markets are likely to soften in the following week amid volatile crude prices that swung down in the prior week.
June 22, 2022
China’s mixed aromatics imports continued to plummet year on year in May 2022 by reason of the levy of consumption tax, and they extended decline month on month amid climbing crude prices.
June 21, 2022
China’s petroleum asphalt exports shot up year on year in May by virtue of a relatively low base in 2021 and jumped back month on month on the strength of climbing output.
June 21, 2022
Guangzhou (JLC), June 19, 2022--China’s diesel output continued to surge year on year in May, mainly because of a relatively low base a year before and better market fundamentals.
June 19, 2022
Sinopec Yangzi Petrochemical had resumed normal operation at its 1.5 million mt/yr No.2 reformer at the aromatics plant on June 10.
June 16, 2022
Guangzhou (JLC), June 15, 2022--China’s crude runs rebounded in May as product demand was recovering amid easing virus-led restrictions, after hitting a two-year low in April 2022.
June 15, 2022