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Gasoil demand
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China's Apparent Oil Demand up 5.3% in 2017
Apr 8, 2017China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
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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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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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The First Round of Oil Product Export Quotas for 2015
Jan 17, 2015China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
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China Imports The Gasoil to Better Margins
Nov 7, 2014A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
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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 Oil Demand Rose 2.7% in June Versus a Year Ago
Aug 1, 2014China's apparent oil demand* in June turned directions from May and climbed 2.7% versus the same month a year ago to 41.94 million metric tons (mt) or an average 10.25 million barrels per day (b/d), according to a just-released Platts ...
Tags: Metallurgy, Mineral, Energy, Oil
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Gasoil Demand Is Down a Quarter This Winter Amid Mild Weather
Feb 26, 2014Gasoil demand from Belgium, France, Belgium, Germany and Switzerland -- the main consumption centers in Northwest Europe -- is down a quarter this winter amid mild weather and a longer-term shift away from the product, traders said Monday. ...
Tags: Gasoil demand, Mineral
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Overall Oil Demand Growth in China Is Expected to Average 267,000 B/D This Year
Dec 11, 2013Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
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China's State Refiners Continued to Suffer in The Downstream in The Second Quarter
Aug 29, 2013Despite 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
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Gasoil Swaps in Singapore Narrowed 15 Cents/barrel Day on Day to a Seven-week Low
Mar 22, 2013The time spread for gasoil swaps in Singapore narrowed 15 cents/barrel day on day to a seven-week low of plus 3 cents/b for April/May Wednesday, because of low regional gasoil demand and concerns over increased exports from China and India, ...
Tags: Chemicals, Metallurgy, Mineral, Energy
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Iraq's State Oil Marketing Organisation Has Finalized a Term Deal
Dec 14, 2012Iraq's State Oil Marketing Organisation has finalized a term deal to buy up to 1.097 million tonnes of gasoil for delivery next year from Swiss trader Vitol and oil major BP. Traders said that the company has agreed to pay a premium of ...