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11 results for keyword "balance"

China tax levy on MA, LCO to hit imports, affect product balance

Beijing (JLC), May 17, 2021--China will soon begin to levy consumption tax on mixed aromatics (MA) and light cycle oil (LCO) imports, expected to slash China’s imports of the two blendstocks and affect the overall oil product market balance.

05-17-2021 17:27:17
Asphalt unit run rates rise amid more balanced market

Beijing (JLC), August 5, 2019--China asphalt producers' run rates rose by 2 percentage points to 59% of the total operable capacity amid more balanced supply and demand in the week ended August 1, JLC data shows.

08-05-2019 17:42:20
New blood are expected to be brought in OPEC group to better balance global crude market

On November 14, UAE's Energy Minister Suhail al-Mazroui said some non-OPEC member countries are indeed willing to join OPEC group. And it is not impossible for the OPEC to further "expand its military" at an appropriate time.

11-16-2017 15:37:41
Imported aromatics’ future is in the balance with continued poor demand

Since late September 2017, imported aromatic theoretical cost has continued to increase and traders are facing cost pressure as imported aromatics’ premium remains at $26.5/mt and Brent price rises.

10-23-2017 09:18:58
Vacuum residual oil market showed mixed changes amid supply and demand imbalance

Recently, independent refineries vacuum residual oil market showed mixed changes. High-quality low-sulfur vacuum residual oil price was high due to tight supply, while medium sulfur vacuum residual oil market trading was flat with transaction price falling amid ample supply and poor demand.

09-21-2017 14:14:00
IEA: Crude inventory could hardly rebalance at the end of 2018

When OPEC and Russia began to tackle global crude oversupply problem, they thought they would succeed in six months. But now it seems that this battle may last for years.

08-16-2017 18:04:51
International oil market is hard to balance the demand and supply

Recently, the Analysis showed that they will turn down the expectation on international crude oil prices since the multiple uncertainties caused by the failed deal upon production restriction among oil producers.

09-18-2016 15:18:37
Unbalanced feed gas supply and demand in Northwest China

680,000 mt/yr CTO unit of Shenhua Xinjiang Coal Chemical is to operate. And its by-products, like C4, C5, and propane will be sold on Shenhua Coal Trading Network. 4 million mt/yr coal-to-oil unit of Shenhua Ningxia Coal is scheduled to operate in September, 2016.

07-25-2016 09:39:29
IEA: Oil market will not find sustained balance until 2017

The oil market will not find a sustained balance until well into next year, even as strong demand growth and production disruptions are helping to shrink excess supplies, the world’s leading energy body has said in its first forecast for 2017.

06-15-2016 10:54:27
Local debt may get solution from released national balance sheet

National Balance Sheet released from the Chinese Academy of Social Sciences showed on July 24th, 2015, by the end of 2014, local government total capacity was CNY108.2 trillion, total debt was CNY30.28 trillion, net asset was CNY77.92 trillion.

07-27-2015 13:36:48
Study: Glut of US Ethane to Remain; Exports to Balance Propane, Butane

A new study of US NGL markets from Simmons & Co. International, Houston, sees ethane remaining in oversupply near term and export growth bringing balance to propane and butane markets.

09-26-2014 16:14:58

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