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Blendstock prices retreat amid a softening refined oil market

The bearish mood soon translated into the oil blending feedstock market.

January 17, 2018

Teapots’crude refining margins up on stronger products

Chinese independent refiners processing crude reaped better refining margins this week, because of relatively large rises in product prices, particularly in gasoline prices, JLC data shows.

January 17, 2018

Shandong independent refiners’ operating rates steady at 67.3%

The operating rates at Shandong independent refiners’ crude distillation units (CDUs) were 67.3% on average on January 17, largely steady week on week as no units were shut or restarted th

January 17, 2018

Imported LPG cargoes are delayed on navigation closure of Yangtze Estuary

The Panama-registered oil tanker SANCHI exploded and sank in the East China Sea on January 14th, 2018, eight days after it collided with a Hong Kong-registered cargo ship and burst into flam

January 17, 2018

Oil blending C5 prices to continue downward trend

Oil blending C5 price surged after the release of new announcement for oil product consumption tax. However, it declined sharply later after the hot topic subsided.

January 17, 2018

China oil AP to be over 600 mln mt in 2018

The report predicts that in 2018 China oil apparent consumption would be above 600 million mt for the first time, and the external dependency would be close to 70%. Refined oil demand growth

January 17, 2018

The first oil & hydrogen station starts construction

The first station supplying oil products and hydrogen in China has started construction in Xinxing County, Yunfu City, Guangdong Province since January 10th. It is a project jointly develope

January 17, 2018

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