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China's second batch of oil products export quotas are cut sharply in 2017

According to JLC, on March 31st the second batch of oil product export quotas for processing trading were released, which were sharply cut by 73.5% against the first batch of quotas and down

April 07, 2017

Consumption tax on blending feedstock makes a great clamor in the markets at home and abroad

Recently, news about levying consumption tax on petroleum byproducts which including mixed aromatics, LCO and cutback asphalt made a great clamor in the markets home and abroad. It is said t

April 07, 2017

LPG market is sluggish affected by seasonal factors

China imported LPG market ran averagely for the week ending April 6th.

April 07, 2017

Asian Bunker Fuel oil Assessment (April 6th, 2017)

Asian Bunker Fuel oil Assessment (April 6th, 2017)

April 07, 2017

China to be the largest buyer of U.S. crude oil

The U.S. Census Bureau released the data showing that during the period of OPEC cutting crude oil production, in February China surpassed Canada becoming the largest buyer of American crude

April 07, 2017

Asphalt demand to be 2.5-3 mln mt for Tibet in 2017

In 2016, Tibet completed CNY40.27 billion of transportation fixed assets investment, an increase of 91.05% against the previous year, accounting for about one-fourth of the total investment

April 06, 2017

China jet fuel exports surged in Feb due to low domestic demand

According to the General Administration of Customs of PRC, the jet fuel imports settled at 184,400 mt, down by 48.45% MoM and 18.05% YoY, and the exports ended at 1,012,700 mt, up by 22.82%

April 06, 2017

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