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Imported crude market slumps on sluggish demand on Aug 12

Beijing (JLC), August 12, 2020--The premiums of major imported crude in Shandong ports moved down Wednesday due to lower offers, as the demand of Shandong independent refiners was very weak.

08-12-2020 17:46:11

Imported crude market sluggish on weak demand on Aug 11

Beijing (JLC), August 11, 2020--The premiums of major imported crude in Shandong ports were stable Tuesday due to thin trading, as buying interest from independent refiners was very weak.

08-11-2020 17:26:29

Imported crude market sluggish on port congestion on Aug 10

Beijing (JLC), August 10, 2020--The premiums of major imported crude in Shandong ports moved sideways Monday due to thin interest, as many dirty tankers were still difficult to be discharged due to port congestion in major Shandong ports.

08-10-2020 17:37:04

Imported crude market sluggish on a stalemate on Aug 7

Beijing (JLC), August 7, 2020--The premiums of major imported crude in Shandong ports moved sideways Friday due to quiet market. The market was in a stalemate, as the demand of Shandong independent refiners remained weak, while the traders were reluctant to cut their offers due to higher cost.

08-07-2020 19:09:40

Imported crude market sluggish on cheap supply on Aug 6

Beijing (JLC), August 6, 2020--The premiums of major imported crude in Shandong ports were stable to lower Thursday, as low price was seen in the market. Several sellers cut their offers in order to attract buyers amid weak demand.

08-06-2020 17:44:34

Imported crude premiums rangebound on slow market on Aug 5

Beijing (JLC), August 5, 2020--The premiums of major imported crude in Shandong ports still moved sideways Wednesday owing to weak demand, although offers from traders remained firm.

08-05-2020 17:07:17

Imported crude market sluggish on muted demand on Aug 4

Beijing (JLC), August 4, 2020--The premiums of major imported crude in Shandong ports moved sideways Tuesday due to thin trading, as the demand of Shandong independent refiners remained weak.

08-04-2020 17:51:49

Imported crude premiums increase on firm offers on Aug 3

Beijing (JLC), August 3, 2020--The premiums of major imported crude in Shandong ports were stable to higher Monday amid offers rebound, as the oil demand of many countries gradually recovered from COVID-19 pandemic.

08-03-2020 17:23:32

Imported crude premiums rangebound on quiet market on Jul 31

Beijing (JLC), July 30, 2020--The premiums of major imported crude in Shandong ports were stable Friday due to thin trading, as trading cycle of September laycans came to the end.

07-31-2020 17:22:33

Imported crude market sluggish on weak demand on Jul 30

Beijing (JLC), July 30, 2020--The premiums of major imported crude in Shandong ports moved sideways Thursday due to quiet market, as buying interest from Shandong independent refiners remained weak.

07-30-2020 17:25:31

Imported crude market slumps on weak demand on Jul 29

Beijing (JLC), July 29, 2020--The premiums of major imported crude in Shandong ports moved down Wednesday, as the demand of Shandong independent refiners remained weak.

07-29-2020 17:48:26

Imported crude premiums rangebound on quiet market on Jul 28

Beijing (JLC), July 28, 2020--The premiums of major imported crude in Shandong ports were stable Tuesday due to muted market, as the demand of Shandong independent refiners was still weak and many?market?participants?attended?an?industry?conference?in?Qingdao, Shandong.

07-28-2020 17:45:32

Imported crude market sluggish on muted demand on Jul 27

Beijing (JLC), July 27, 2020--The premiums of major imported crude in Shandong ports moved sideways Monday, as the?market?started?the?week?on?a?quiet?note due to weak demand of Shandong independent refiners.

07-27-2020 17:17:57

Imported crude market sluggish on amply supply on Jul 24

Beijing (JLC), July 24, 2020--The premiums of major imported crude in Shandong ports moved sideways Friday, as the demand of Shandong independent refiners was still weak amid port congestion.

07-24-2020 18:44:12

Imported crude market sluggish on weak demand on Jul 23

Beijing (JLC), July 23, 2020--The premiums of major imported crude in Shandong ports moved sideways Thursday due to thin trading, as buying interest from Shandong independent refiners was still weak.

07-23-2020 17:37:26

Imported crude premiums rangebound on quiet marke on Jul

Beijing (JLC), July 22, 2020--The premiums of major imported crude in Shandong ports were stable Wednesday, as the demand from Shandong independent refiners were still muted amid high inventories at ports.

07-22-2020 17:24:41

Imported crude market sluggish on muted demand on Jul 21

Beijing (JLC), July 21, 2020--The premiums of major imported crude in Shandong ports were stable Tuesday owing to thin trading. Buying interest from Shandong independent refiners were still weak amid port congestion and weakening margins.

07-21-2020 17:50:22

Imported crude market slumps on sellers panic

Beijing (JLC), July 20, 2020--The premiums of major imported crude in Shandong ports moved down again Monday, as sellers continued to cut their offers amid continuing fermentation of Russian Surgutneftegaz' September ESPO Blend crude tender price decline.

07-20-2020 17:50:08

Imported crude market weakens on ESPO decline on Jul 17

Beijing (JLC), July 17, 2020--The premiums of major imported crude in Shandong ports moved down Friday, as sale tender price of Russian Surgutneftegaz' September ESPO Blend crude was much lower than the previous.

07-17-2020 17:30:52

Imported crude market sluggish on weak demand on Jul 16

Beijing (JLC), July 16, 2020--The premiums of major imported crude in Shandong ports were stable, as buying interest from Shandong independent refiners was still weak due to port congestion.

07-16-2020 17:42:36

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