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Teapots’ refining margins for Oman, offshore crude up on lower costs

Chinese independent refiners processing Oman crude and domestic offshore crude reaped better refining margins this week, because of drops in feedstock costs, JLC data shows.

February 09, 2018

Chinese teapots’operating rates drop on weaker product demand

Chinese teapots cut the operating rates at their crude distillation units (CDUs) this week, because product demand weakened as the Lunar New Year approached.

February 09, 2018

Mixed aromatics imports roar amid oil tax in Dec 2017

China imported other mixed aromatics 827,400 mt in December, an increase of 114.61% MoM and 57.1% YoY, and the total imports in 2017 settled at 11.562 million mt, down by 1.19% YoY.

February 09, 2018

Teapots’ crude refining margins drop on weaker products

Chinese independent refiners processing crude reaped lower refining margins this week, because of drops in product prices, JLC data shows.

February 01, 2018

Chinese independent refiners’operating rates rise on unit restarts

The operating rates at Chinese independent refiners’ crude distillation units (CDUs) have climbed in the past week, because of unit restarts, JLC data shows.

February 01, 2018

Russia still China’s biggest crude supplier in 2017

Russia held on as China’s biggest crude oil supplier in 2017, after surpassing Saudi Arabia for the first time on an annual basis in 2016, data from China’s General Administration of Cus

January 31, 2018

Chinese teapots face another blow from government

Chinese independent refiners are facing another crackdown from the government which announced on January 26 that it would clamp down on refiners with illegality and failure to comply with re

January 29, 2018

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