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Shengli crude theoretical profit increased CNY16/mt to CNY181/mt

This week, based on the settlement price CNY3,400/mt of light offshore oil (density: 0.88-0.90) at Shandong market on August 9th, the theoretical processing profits of independent refineries

August 11, 2017

China other teapots' run rate decreased by 1.73 percentage points to 55.04%

According to JLC statistics from 40 Shandong independent refineries, up to August 9th, 2017, the CDU run rate was 56.8%, up 0.26 percentage points.

August 11, 2017

Sufficient refined oil products were available in earthquake area in Sichuan

PetroChina and Sinopec in Sichuan launched an emergency plan immediately after the disaster, and each organized staffs to make it sure that refined oil products supply was sufficient for tra

August 10, 2017

Petroleum asphalt market overview of H1 2017 (2)

In 2017, petroleum asphalt apparent consumption totaled 13.7491 million mt, down 410,000 mt or 3% year on year.

August 10, 2017

The apparent consumption of China fuel oil rose 13.83% MoM to 2.5351 million mt in June.

The apparent consumption of China fuel oil rose by 308,000 mt or 13.83% on month to 2.5351 million mt in June. From January to June, the total apparent consumption of China fuel oil reached

August 10, 2017

Blended oil margin turned positive accidently amid environmental protection inspection

The above chart tells us that the spread between blended oil feedstock and blended gasoline declined gradually after entering the second half of 2017 and the margin of blending gasoline kept

August 10, 2017

Petroleum asphalt market overview of H1 2017 (1)

China's domestic asphalt price declined after rising in the first half of 2017.

August 10, 2017

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