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Shengli crude refining profit slid to minus CNY119/mt

The theoretical processing light offshore crude profit of independent refineries fell by CNY355/mt WoW to minus CNY63/mt, as diesel price decreased greatly.

December 21, 2017

Shandong teapots’ run rate increased by 0.52 percentage points WoW to 70.11%

According to JLC statistics from 41 Shandong independent refineries, up to December 20th, 2017, the CDU run rate was 70.11%, up 0.52 percentage points week on week

December 21, 2017

Nine filling stations offer discounts in Changsha

Natural gas shortage continued in Hunan Province. Sinopec Changsha Oil Company announced to encourage using gasoline and diesel instead of natural gas. The number of filling stations offerin

December 21, 2017

Zhongyi Chemical fine chemical project starts in Zhangzhou of Fujian

Zhongyi Chemical fine chemical project starts in Zhangzhou of Fujian

December 21, 2017

Bunker oil market weakened amid flat demand

Bunker oil market was subdued by the flat downstream demand recently, after the booming in November.

December 21, 2017

Qingdao oil throughput was over 100 mln mt in 2017

As of December 18th, the oil throughput of Qingdao Port in 2017 exceeded 100 million mt. Qingdao Shihua Crude Oil Terminal Co., Ltd.

December 21, 2017

Russia ESPO exports to China by pipeline to rise 57% in Q1 2018

Russia would raise the ESPO imports to China in the first quarter of 2018 by 57% against the fourth quarter in 2017 to 6.7 million mt by Skovorodino-Mohe Pipeline.

December 21, 2017

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