Oil Product Prices articles & resources on Made-in-China.com

China's Price Move Signals Discomfort with Plunge

Dec 21, 2015

The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...

Tags: oil product, crude oil

China: Little Interest Seen for Russian Tender

Sep 12, 2015

China's independent teapot refiners are showing little interest in participating in Russian M100 tenders that are set to be issued in late September or early October, market sources said Thursday. Only two 40,000 mt cargoes of Russian ...

Tags: Teapot Refineries, Refineries

LPG Prices Plunge for 2nd Week Slump,Weak Demand

Dec 15, 2014

Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...

Tags: Propane, LPG

China's Raised Domestic Retail Prices of Gasoline and Diesel

Jun 25, 2014

China's National Development and Reform Commission has raised domestic retail prices of gasoline and diesel by Yuan 165/mt ($26.50/mt) and Yuan 160/mt, respectively, effective midnight Tuesday. This is the first fuel price adjustment in a ...

Tags: Gasoline, Diesel

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 Has Reduced The Retail Prices of Gasoline

Nov 19, 2013

China has reduced the retail prices of gasoline and diesel effective midnight Friday by Yuan 160/mt ($26.09) and Yuan 155/mt, respectively, the National Development and Reform Commission said Thursday. At the pump, the resulting ...

Tags: Gasoline, Diesel Prices

State Price Change Boosts Oil Giants Performance

Oct 30, 2013

Chinese oil giants China Petroleum & Chemical (Sinopec; 600028.SHA) and PetroChina (601857.SHA) reported strong results in the third-quarter on China's new oil-pricing system, The Wall Street Journal reported. Sinopec on Tuesday posted a ...

Tags: State Price, Petrochina, Sinopec

China's State Refiners Continued to Suffer in The Downstream in The Second Quarter

Aug 29, 2013

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

Gazprom Is Conducting a New Round of Gas Talks with a Number of Its Key European Clients

Jun 7, 2013

Gazprom is conducting a new round of gas talks with a number of its key European clients, including Italy's Eni and France's GDF, to revise down prices under long-term oil-indexed contracts, deputy CEO Alexander Medvedev said Tuesday, ...

Tags: Gazprom, Chemicals, Gas Price

China's National Development and Reform Commission Will Not Adjust The Regulated Prices

Apr 15, 2013

China's National Development and Reform Commission will not adjust the regulated prices of gasoline and diesel in what would have been the first such exercise following the new pricing mechanism introduced late last month, the NDRC said ...

Tags: Oil Product Prices, International Crude

China Is Considering to Make Changes to Its Oil Pricing Mechanism

Mar 8, 2013

China is considering to make changes to its oil pricing mechanism by both shortening the price review period and removing the price fluctuation limitation of a basket of crudes used to adjust retail oil product prices, the official Xinhua ...

Tags: China, Oil Pricing, Mechanism

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