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China INE crude still depressed by Omicron-triggered demand fears

Guangzhou (JLC), December 1, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) plunged Wednesday, depressed by persistent demand fears triggered by the Omicron variant and a gasoline inventory build.

12-01-2021 19:15:59

INE crude still depressed by rapidly spreading Delta variant

Guangzhou (JLC), August 4, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) fell further on Wednesday on mounting concerns that the rapid spread of the Delta variant in top consuming countries will cap fuel demand.

08-04-2021 19:20:46

INE crude edges down, depressed by slowing growth of China’s economy

Guangzhou (JLC), July 9, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) dropped further on Friday, as China’s economy growth slowed down in June, but the US crude and gasoline inventory draws limited the price drop.

07-09-2021 18:55:25

China's heavy oil prices remain depressed amid supply slump

Beijing (JLC), February 19, 2020--Heavy oil prices in China's domestic market remain depressed despite a supply slump amid the coronavirus outbreak.

02-19-2020 16:28:16

Oil closing price rose due to recovering and USD depreciation, but dived after API release

On June 27th (Tuesday), the oil closing price rose due to the recovering operations of investors and USD depreciation.

06-28-2017 14:48:35

High cost but low price of imported mix aromatics depressed the profits

High cost but low prices of imported mix aromatics depressed the profits

12-29-2016 11:15:45

Gasoline and diesel prices keep strong at high level with depressed downstream traders

This week (November 18th-24th), oil prices fluctuated and moved upward and had evident increase over the previous week as the positive attitude of oil-producers towards the freezing meeting brought hopes for investors though supply-demand data was not improved obviously.

11-25-2016 15:16:04

Tropical depression may delay imported LPG arrivals in South China

It is learned by JYD that some domestic gas tankers is scheduled to do loading and unloading in advance to avoid tropical depression. Imported LPG will arrive intensively during August 16th-August 20th.

08-18-2016 10:15:01

OPEC: slowing demand will continue to depress crude oil market

According to OPEC monthly report, international crude oil market might remain weak amid the seasonal slowdown in demand. OPEC predicted that in next few months, crude oil consumption would increase to alleviate the supply surplus and help restore market balance.

08-16-2016 14:43:13

Bad data from API depressed the crude oil price

On August 10th, the bad performance of API data depressed the crude market, and the price went down.

08-10-2016 16:37:45

The two-consecutive-drop in retail prices further depressed blended oil market

Since the began of August, macroeconomic environment was more sluggish. The news of international crude oil oversupply caused oil prices in a continuous decline towards $40/bbl. Panic in market increased the bearish expectation in domestic oil market.

08-09-2016 10:42:48

Concerns of lifted output in US depressed oil prices in 2%

On 25th July, WTI September crude futures declined $1.06/bbl or 2.4% to $43.13/bbl.Brent September crude futures declined $0.97/bbl or 2.12% to $44.72/bbl. The increasing concerns of lifted US crude output depressed oil prices in recently.

07-27-2016 16:49:23

Realized down-adjusted oil products retail prices depressed blended oil market

International crude futures moved in a downward trend since July, followed by domestic blended market prices.

07-25-2016 10:22:49

Congested port depressed China’s crude imports in June

According to trade balance data released on 13th July, China imported 30.63million mt/day or 7.5million bbl/day in June, fell to the lowest point in five months.

07-19-2016 15:47:48

Partial null factors depressed MTBE expectations in Q2

Since Q2 2016, economic growth slowed both in domestic and international market, domestic gasoline market weakened which influenced MTBE market.

07-11-2016 15:29:25

Continuous reduced bunker oil prices further depressed its profits

Recently blended 180CST costs have reduced, but the oil profits did not increase. According to JYD, the theoretical profit of domestic blended bunker oil in South China was CNY222/mt, down CNY3/mt MoM. The market slump promoted the actual transaction price concession.

05-25-2016 15:01:12

China blended market is seeking antidote against depression

Since middle November, 2015, China blended market was steeped sluggish conditions.

11-24-2015 10:32:15

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