China's state-owned refiners are raising planned crude runs in April to average 82% capacity, up from 81% in March, Platts monthly survey showed Tuesday. The 23 refineries surveyed plan to process a combined 17.495 million mt (4.275 ...
Tags: Refiners, PetroChina
State-owned China Petroleum and Chemical Corp, or Sinopec Corp, posted modest gains in its 2013 upstream and downstream oil and gas production and has pledged to reduce its capital expenditure this year. In its annual financial results ...
Tags: Sinopec, Oil, Gas Output, Chemicals
LPG prices in South China surged Yuan 300-600/mt ($49-98/mt) this week as supply fell and demand increased, domestic traders said Friday. Imported LPG, with a propane and butane ratio of 80:20, was heard traded in the range of Yuan ...
Tags: LPG prices, propane
India's state-owned refiners, who have all posted net losses over the first nine months of fiscal year 2013-2014 (April-March), are expected to turn in a profit for the full year as the government is likely to fully compensate them for ...
Tags: Refiners, Full-Year Losses
Oil prices rose sharply Friday on speculation that frigid weather in U.S. would boost the demand for heating oil. The impact of cold weather on demand is the focus of market. It was reported that last month was the coldest January since ...
Tags: Oil Prices, Mineral
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
European refineries are enjoying a rebound in the profitability of turning crude oil into products at the start of the year, after reaching their worst point of last year in December, traders said Tuesday. "Margins are decent," said a ...
Tags: Crude Oil, European Refining
Delek Group (TASE: DLEKG, OTCQX: DGRLY) (“the Company”) Further to that stated in Section 1.11.29(F) of the Company's Annual Report dated March 24, 2013, as amended on July 4, 2013 (Ref. No. 2013-01-083805), below is included ...
Tags: Delek Group, Palestine Power Generation Company, natural gas supply
Taiwan's CPC and Formosa Petrochemical have both raised domestic retail prices of gasoline and diesel by T$0.50/liter ($0.020/liter) effective Monday, according to the companies' websites. The change raises both refiners' retail prices ...
Tags: Gasoline, Diesel Prices
China's top economic planner announced on Thursday that it will raise the per-tonne retail price of gasoline by 160 yuan ($26.08) and diesel by 155 yuan from Friday. The adjustment, following a third consecutive drop on November 14, will ...
Tags: Metallurgy, Mineral, Oil
China's top economic planner on Thursday announced a slash in the per-tonne retail prices of gasoline by 160 yuan ($26.09) and diesel by 155 yuan, starting from Friday. The adjustment will lower the benchmark retail prices of gasoline by ...
Tags: Fuel Prices c, Fuel Prices
Booming diesel-fuel use in Europe and Latin America is paying off for U.S. drivers, as gasoline prices fall to a nine-month low. October supplies of gasoline are at a three-year high for that month, but refiners are still running at high ...
Tags: Metallurgy, Mineral, Energy, diesel-fuel
China will slash the per-tonne retail prices of gasoline by 245 yuan (39.84 US dollars) and that of diesel by 235 yuan, starting from Monday, the country's top economic planner said on Sunday. The adjustment will lower the benchmark ...
Tags: Retail Fuel, Energy
Despite a new oil product pricing mechanism introduced by the central government in March, China's state refiners continued to suffer in the downstream in the second quarter because of poor domestic demand, their interim results showed. ...
Tags: oil product, gasoil demand
The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...
Tags: Prompt Brent, Chemicals