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Crude Oil Imports Continue on High Run Rates

Jan 16, 2016

With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...

Tags: oil product, bitumen

Shandong Teapot Refiners to Ramp up Crude Imports

Nov 23, 2015

Some 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 State-Owned Refiners Are Raising Planned Crude Runs to Average 82% Capacity

Apr 24, 2014

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

China's Crude Oil Imports in March Edged up 0.9%

Apr 15, 2014

China'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 ...

Tags: oil product, fuel oil, commercial oil product

China's Apparent Oil Demand in November Contracted 2.1% Year on Year to 40.88 Million Mt

Dec 29, 2013

China'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

China's Commercial Crude Oil Stocks Fell 3.6% at The End of December

Jan 23, 2013

China's commercial crude oil stocks fell 3.6% at the end of December from a month earlier, according to China Petroleum Stockpile Statistics compiled by state news agency Xinhua and released on Monday. The fall in stocks was due to ...

Tags: China, commercial crude oil, stocks, China Petroleum Stockpile Statistics

Shandong-Based Independent Refiners' Gasoil and Gasoline Stocks Climbed

Dec 20, 2012

Shandong-based independent refiners' gasoil and gasoline stocks climbed in the first half of December, because consumption was slow while production was still quite large amid high refinery operating rates, industry sources said. These ...

Tags: oil product stocks, Chemicals, stocks

The NDRC Did Not Provide Year-Ago Comparisons

Dec 5, 2012

China's commercial inventories of oil products in 13 grain-producing provinces held by state companies Sinopec and China National Petroleum Corp. totaled 3.78 million mt as of November 25, the National Development and Reform Commission said ...

Tags: Stocks of gasoil, Oil Product Stocks, oil products

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