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China oil product market remains bullish amid stronger crude oil

The Chinese oil product market has remained bullish since China hiked the retail ceilings of gasoline and diesel on December 4.

12-09-2020 15:51:02

PetroChina Liaoyang boosts LS fuel oil production sharply in 2020

PetroChina Liaoyang Petrochemical in northeast China has boosted its low-sulfur (LS) fuel oil production sharply in 2020, PetroChina said on its news website.

11-10-2020 18:56:48

Alkylation profits continue falling amid flat oil product market

Beijing (JLC), October 25, 2019--The domestic alkylation profits slid amid flat trading in oil product market in the week over October 18-24, though olefin deep-processing profits remained fair overall amid larger profits in isomerization

10-25-2019 09:02:40

Olefin deep-processing profits climb on sound oil product market

Beijing (JLC), April 26, 2019--Olefin deep-processing profits climbed in the week over April 19-25, with alkylation, isomerization and aromatization profits averaging CNY111/mt ($16.49/mt), minus CNY29/mt and minus CNY172/mt respectively, JLC data shows.

04-26-2019 16:07:15

PetroChina builds largest ultra-deep condensate oil production base

PetroChina Tarim Oilfield has built up the world's largest ultra-deep condensate oil and gas production base in Xinjiang, company sources said

03-27-2019 15:46:11

Sinopec Yangzi to transform heavy oil unit for more light oil products

The heavy oil lightening renovation project of Yangzi Petrochemical Refinery has been fully operated recently to produce more value-added light oil products, such as gasoline and diesel.

11-13-2018 11:31:09

China oil giants urge to export oil products facing oversupply

China National Petroleum Corporation had exported the first batched of gasoline to Canada on June 20, 2018.

07-03-2018 14:28:45

Refining expansion intensifies the oversupply of oil products

Given the low price of crude oil, in 2016 China oil refining industry benefits increased continuously and the oil giants including Sinopec and PetroChina both gained profits.

05-02-2017 17:32:34

A surge of China crude oil import reflects the oil product export increase

In March China crude oil imports went up sharply by 22.6% over February to 38.95 million mt, about 9.17 million barrels per day which was far higher than the previous historical record high 8.57 million barrels per day in December 2016.

04-20-2017 17:11:39

Oil products will rise amid retail prices' biggest gain and non-OPEC's output-cutting

Recently, international crude prices moved with mixed trend and the news that OPEC reached the freezing production deal was still rife, which continually pushed up oil prices. Then, international oil prices declined as a new high in Russia and OPEC November crude output was also worrisome

12-14-2016 10:47:24

China oil products prices climb to high underpinned by an expectation of price increase

China oil products prices climb to high underpinned by an expectation of retail price increase

11-25-2016 10:05:16

Shandong teapots pushed up the oil products prices amid good news

　In middle August, international crude futures were pushed up to $48-51/bbl. According to JYD, up to August 19th, the change rate of reference crude oil was 9.59%.

08-22-2016 16:32:43

Import and export situation of oil products was pessimistic in South China

According to arbitrage data form JYD, from August 1st to 15th, domestic gasoline and diesel prices declined and then rebounded. In the same time, Singapore gasoline and diesel prices were upward with fluctuations which deepened the loss of gasoline import, and the diesel situation turned better.

08-22-2016 10:19:47

Oil products retail prices would be promoted for the first time in the second half year

On the early stage of this evaluation period, the oversupply continued to hit the market. International crude oil shocked within a downtrend and nearly approached to $40/bbl.

08-17-2016 16:12:13

Oil products may be under pressure as before

Recently, the crude oil price mighty rebounded and then went down as the inventory remained at a high level and the oil producers’ production had reached new highs. But the crude oil price was higher than the previous week.

08-16-2016 11:57:24

Qingyuan Petchem newly-constructed oil products hydrogenating unit

Shandong Qingyuan Petrochemical planned to construct a gasoline and diesel hydrogenation unit with the capacity of 1.6 million mt/yr in Qilu Chemical Industrial Park Linzi District of Zibo City.

08-10-2016 15:57:38

Oil product price marketitilization in Sichuan is accelerating

Sichuan Province government released Sichuan Province Pricing Mechanism Reform Implementation Plan, claiming to accelerate the price marketilization in energy price, water price, transportation price, environment service price, medical service price, utilities and public welfare services.

08-10-2016 10:42:36

China oil products AC suffered decline in H1; export adjusted the structure

In the first half year of 2016, China oil products (including gasoline, diesel and kerosene) output totaled 170.43 million mt, increasing 2.47% YoY.

07-25-2016 17:22:39

Gasoline increase pushed up China oil products stocks soar in June

Recently, Energy Aspects said, in June China oil products inventory continued to soar, mainly pushed up by gasoline inventory increasing to 57.3 million barrels, the historical high, and meanwhile, the diesel stocks declined by 3.8 million barrels.

07-25-2016 16:00:35

Shandong oil products bulk terminal project

Shandong Chengyue Trading Company planned to construct an oil products bulk terminal project in Shengtuo Industry Park in Kenli County of Dongying City.

07-25-2016 13:55:57

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