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crude throughput
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March Crude Throughput Rises 6% on Year
Apr 18, 2017China's crude refinery throughput in March rose 5.9% year on year to 47.5 million mt, or an average of 11.23 million b/d, preliminary data released Monday by the National Bureau of Statistics showed. This was the highest year-on-year ...
Tags: crude refinery, Oil
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China's Apparent Oil Demand Posts Fastest Growth
Feb 2, 2016China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...
Tags: oil demand, fuel oil
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FOB Singapore 500 Ppm Gasoil Cash Differential Nosedives Into Discount on Supply Glut
Dec 18, 2015The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
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Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports
Nov 4, 2015China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
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Chinese Apparent Oil Demand in August Increased 3.7%
Oct 13, 2014Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
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China's State-Owned Refiners Are Raising Planned Crude Runs to Average 82% Capacity
Apr 24, 2014China'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
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China's Crude Oil Imports in March Edged up 0.9%
Apr 15, 2014China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...
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Sinopec Corp Posted Modest Gains in Its 2013 Upstream and Downstream Oil & Gas Production
Mar 27, 2014State-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
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China's Refinery Crude Throughput Dipped 1%
Mar 18, 2014China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...
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The Front-Month Brent-WTI Spread Settled at a Fresh Five-Month Low of $6.48/Barrel Friday
Mar 4, 2014The front-month Brent-WTI spread settled at a fresh five-month low of $6.48/barrel Friday, as steady drawdowns in crude stocks at the Cushing, Oklahoma, delivery hub have lent upside support to WTI, while Brent remains subdued. NYMEX ...
Tags: crude, Brent futures
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Indian Refiner MRPL Is Close to Completing The Long-Drawn-out Third Phase
Feb 12, 2014Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
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China's Apparent Oil Demand in November Contracted 2.1% Year on Year to 40.88 Million Mt
Dec 29, 2013China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...
Tags: Oil Demand, Oil Product
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China's Independent Teapot Refineries in Shandong Province Expanded Their Capacities
Nov 5, 2013China's independent teapot refineries in eastern Shandong province have significantly expanded their capacities in the last few years ahead of an end-2013 deadline set by the government to eliminate smaller plants. In an effort to cool ...
Tags: Teapot, Fuel Oil, Refineries
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Taiwan's Total Crude Imports in August Plunged 22.8% to an Average 704,000 B/D
Oct 21, 2013Taiwan's total crude imports in August plunged 22.8% year on year to an average 704,000 b/d due to lower refinery runs, according to data released Monday by Taiwan's Bureau of Energy at the Ministry of Economic Affairs. This was the ...
Tags: taiwan, Construction, Decoration, Crude
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China's Apparent Oil Demand in July Rose 6.6% Year on Year to 41.52 Million Mt
Aug 15, 2013China's apparent oil demand in July rose 6.6% year on year to 41.52 million mt or an average 9.82 million b/d, according to Platts' estimates based on recently released preliminary government data. Apparent oil demand was, however, 1.7% ...
Tags: Oil Demand