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Production-demand gap to narrow may boost refined product market

Beijing (JLC), May 15, 2019--The gap between production and demand for refined products is expected to narrow in the second quarter of 2019, which may boost the refined product market.

05-15-2019 16:52:19

China refined product market corrects amid bearish factors

Beijing (JLC), June 12, 2018--China refined product market might remain bleak in the forthcoming days due to various bearish factors.

06-13-2018 17:36:02

The second rectification in Hengshui refined product market was carried out

In order to further promote the improvement of oil quality and ensure the continuous and steady improvement of air quality, Hengshui City recently launched the second rectification campaign for the refined oil market this year.

12-25-2017 16:10:31

Weihai refined product market supervision meeting was held in Wendeng District

Weihai refined product market supervision work site meeting was held in Wendeng recently. During the meeting, participants witnessed the scene of the district market authority's refined product regulatory model.

12-20-2017 17:53:45

Refined product market in Henan under environmental supervision

An important measure to control air pollution is to stop unqualified motor fuel oil from entering the market. In order to protect the environment, many departments in Henan jointly rectified the market order for refined products

12-19-2017 17:57:23

Special rectification action on refined product market was launched in Jungar Banner

In order to strengthen the regulation of the refined product market in the circulation field, complete upgrading the quality of the refined oil products in the area, regulate the order of the refined oil market

12-19-2017 16:57:23

China domestic refined product market moved down amid bearish news

International crude futures market moved sideways recently. The crude price rebounded first due to Nigerian oil worker strike and short recovering activities. Later, the price recorded consecutive rises for three days

12-19-2017 11:10:25

Refined product market is hard to remain strong

Crude price mainly declined from high levels recently. Before, crude price slumped as US fuel oil inventory increased greatly unexpectedly. Later, the price gained upward momentum as Nigerian strike affected the crude supply.

12-15-2017 18:04:52

Jungar Banner refined product market is under effective supervision

Jungar Banner Market Supervision and Administration Bureau launched a special governance activity for refined products, so as to enhance the supervision and product upgrading, as well as to ensure the oil safety and consumers’ legal rights.

12-14-2017 15:27:37

Refined product market might get weak in the short run

Refined product retail price adjustment was shelved due to the limited crude price change rate. Crude price rose greatly first as US crude inventory declined.

12-06-2017 16:35:42

Refined product market might rangebound at the end of Nov

Sources said that OPEC had drew up new output cut agreement outline with Russia to extend the output cut period to the end of 2018 and such news would be declared formally at the meeting held on November 30th.

11-30-2017 15:43:40

Refined product market might be bearish after the largest upward retail price adjustment

Crude oil price fell after rising during this round of pricing period. In the previous period, Saudi Arabia and Russia declared their supports for extending output cut deal.

11-17-2017 17:51:45

Refined product market might move down amid promotions

Official statistics showed that China and US crude demands were strong in September. JMMC report said the output cut deal implementing rate of OPEC members recorded a new high in September.

10-31-2017 17:39:27

Bearish news weighed on refined product market

Crude oil price moved sideways recently amid mixed factors. It is not likely to rise, as EIA report showed that US crude imports and crude runs declined. Crude price closed low due to expiring WTI futures contract and profit taking activities before JMMC meeting

10-25-2017 11:51:12

Refined product market is expected to move up amid increased end demand

Oil price slumped recently amid crude oversupply, as US refinery run rate was heard having dropped sharply. Meanwhile, China’s crude import volume in August declined to the bottom of 2017, which also triggered worries about demand decrease and weighed on the market.

09-19-2017 17:36:49

Bearish news will weigh on refined product market in the short run

OPEC output cut is not likely to expand recently, as JMMC meeting failed to provide substantial bullish news. Crude oil demand is to decline as US refineries would have turnarounds in September. Crude oil price slumped once due to profit taking operations.

08-29-2017 17:08:30

Will refined product market be affected by the BRICS meeting?

For recent domestic oil product market, it can be described as "misfortune never comes singly." Shandong environmental protection inspection hasn't finished yet, Hebei and Dalian refineries caught fire.

08-23-2017 14:58:32

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