- Location
Crude Cargoes
"-
Shandong Teapot Refiners to Ramp up Crude Imports
Nov 23, 2015Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
-
China's Crude Stocks Continued to Grow in October
Nov 14, 2015China's crude stocks continued to grow for the fifth straight month in October, despite a month-on-month drop in net imports, output and slight rise in throughput, Platts calculations based on recently released official data showed. Crude ...
Tags: crude stock, crude oil
-
China Bitumen Blend Demand Continues to Ease
Nov 7, 2015Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
-
China to Allocate 34 Million Barrels of Storage Space Along China's Eastern Coast
Jun 7, 2015Shanghai's International Energy Exchange or INE intends to allocate 34 million barrels of storage space along China's eastern coast to serve participants of the country's proposed crude oil futures contract, officials said at the Shanghai ...
-
China's Nov Russian Crude Imports Hit Record High
Dec 27, 2014China's crude imports from its major suppliers rose significantly in November versus a year ago, with Russian cargoes hitting a record high, although shipments from top exporter Saudi Arabia fell 5.9% to 3.99 million mt, detailed data from ...
Tags: Crude Imports, pipeline oil
-
Angolan April Crude Cargoes Have Sold Steadily So Far
Mar 4, 2014Angolan April crude cargoes have sold steadily so far with more than half of the program already cleared, but Asian demand is expected to slow down ahead of a heavy refinery maintenance season, trading sources said Thursday. Activity on ...
Tags: Crude Cargoes, Mineral
-
Nigerian Crudes for March Loading Sold Well
Feb 24, 2014Nigerian crudes for March loading have sold well with less than 10 cargoes unsold from the March program, because of healthy demand from Europe and India, although the remaining grades were struggling to sell, sources said Wednesday. More ...
Tags: Mineral, Nigerian Crudes
-
Europe's Refiners Are Likely to Raise Production in July
Jun 10, 2013Europe's refiners are likely to raise production in July because gains in product premiums have recently outpaced crude prices, traders said Thursday. This could mark the end of a period of limited production in Europe that has lasted ...
Tags: European, Chemicals, Production
-
Asia Pacific Sweet Crude Market Is Expected to Stay on a Downward Trajectory
May 10, 2013The Asia Pacific sweet crude market is expected to stay on a downward trajectory as it faces more competition from falling West African crude prices and an oversupply of regional spot cargoes, traders said this week. Perpetually weak ...
Tags: Sweet Crude Market, Sweet Crude
-
Weakening Middle Distillates Cracks Have Led to Low Buying Interest
Apr 15, 2013Weakening crude refining margins and middle distillates cracks have led to low buying interest among Northeast Asian refiners for prompt May loading ESPO blend crude, trading sources said Thursday. Three to four of the 19 ESPO blend crude ...
Tags: Distillate Cracks, Chemicals