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China crude oil imports rise 10% in 2017 amid active teapots

In December, 2017, China imported crude oil 33.7 million mt, about 7.97 million barrels per day, a drop of 3.34 million mt or 9.02% against November, decreasing 2.68 million mt or 7.37% agai

January 17, 2018

Beijing oil product samples all qualified in 2017

Beijing has sampled 2,616 groups of oil products as of November 2017. No samples have been found unqualified.

January 17, 2018

China overheated refined oil market cools down on lax sales

China refined oil market skyrocketed in the past few days amid a forest of favorable factors.

January 17, 2018

Blended oil price to slip after soaring amid weak demand

JLC predicts that blended oil price would go down after boosting since January 10th, due to the terminal weak demand and sufficient stocks of the users, combined with the users rational sent

January 17, 2018

Shandong regulates oil product market

The Provincial Bureau of Industry and Commerce in Shandong would carry out a provincial oil product (especially on diesel) market rectification for about three months from January 11th to la

January 17, 2018

China imported LPG market performs well in early and middle January

China imported LPG market in late January 2018 stays decent. Profit of LPG deep processing industry has been more than CNY1,200/mt. Despite intensive imported LPG cargo arrivals, profit of i

January 17, 2018

Oil product pipeline in Bengbu saves cost

Starting operation in December 2016, the Anqing-Bengbu pipeline ranges a distance of 5.2 million km. It has transported oil products of 660,000 mt up to the end of December 2017, saving frei

January 16, 2018

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