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Shengli crude refining profit drops 60% WoW

The theoretical profit of processing light offshore crude in independent refineries decreased by CNY99/mt WoW to CNY52/mt, as offshore crude price increased.

January 05, 2018

Shandong teapots' run rate drops from last week

According to JLC statistics from 41 Shandong independent refineries, up to January 3rd, 2018, the CDU run rate was 68.46%, down 1.17 percentage points week on week as some independent refine

January 05, 2018

Jiangsu Xinhai Petrochemical was granted to use imported crude 2.3 million mt/yr

China Petroleum and Chemical Industry Federation (CPCIF) claimed on December 27th 2017 that Jiangsu Xinhai Petrochemical was qualified for using import crude oil 2.3 million mt/yr preliminar

January 02, 2018

China other mixed aromatics import surged up in Nov facing shortage

China other mixed aromatics import surged up in Nov facing shortage

January 02, 2018

Oman crude refining profit increased by CNY133/mt to CNY134/mt

The theoretical processing light offshore crude profit of independent refineries increased by CNY214/mt WoW to CNY151/mt, as gasoline and diesel prices rebounded from the low point.

December 29, 2017

Shandong teapots’ run rate decreased by 0.48 percentage points WoW to 69.63%

According to JLC statistics from 41 Shandong independent refineries, up to December 27th, 2017, the CDU run rate was 69.63%, down 0.48 percentage points week on week.

December 29, 2017

China 1st Batch of Crude Oil Import Quota in 2018 totaled 121.32 million mt

The first batch of crude import quota for non-state-owned trade in 2018 has been released by the end of 2017, with the total number reading 121.32 million mt, up 52.51 million mt YoY or 76%,

December 28, 2017

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