Energy report, Chemical report,News & Commentary, Market Price, JLC database

Singapore oil prices fluctuated slightly and the arbitrage moved in different directions

According to JYD, from October 7th to 31st, domestic gasoline and diesel market moved upwards sharply. Meanwhile, Singapore gasoline and diesel market vibrated slightly and the import arbitrage of oil products moved in different directions.

11-04-2016 16:19:23

China refined oil exports started booming amid aggravated demand-supply situation

Since 2015, after China’s refining industry moved through some revolutions, the crude import right and using right were opened to teapots, which made the Chinese crude demand climbing up.

11-04-2016 15:03:26

Beijing VI Standard of gasoline & diesel is issued newly

In order to enhance the control of the vehicle emission pollution and improve the air quality, Beijing Environmental Protection Agency published the sixth vehicle fuel oil emission standard by upgrading the car fuel to the "Beijing VI" standard.

11-04-2016 10:54:04

Diesel export volume hit the record high amid superfluous refining oil capacity

According to the customs, China’s diesel export volume in September read 1,603,500 mt, rising 50.36% MoM and 44.44% YoY. The total diesel export volume from January to September was 10.7922 million mt, soaring 148.14% YoY.

11-03-2016 17:49:43

Import volume of biodiesel slipped slightly in China for increased supply

Introduction: China refined oil market has entered the traditional boom season since September, 2016. Adding to traditional Chinese festivals, downstream demand became strong.

11-03-2016 17:25:25

China main refineries’ run rate increased 1.93% to 79.45%

Main refineries’ run rate increased 1.93% to 79.45% at the end of October.

11-03-2016 16:39:27

MTBE import volume lifted 75.23% in September

Entered into September, international crude futures maintained vibrating. Encouraged by the festival, gasoline and blending gasoline market behaved better, and the prices raised. MTBE deals were promoted sharply amid active trading atmosphere.

10-31-2016 17:12:38

OPEC has not reached the production limit agreement with non-OPEC members

OPEC and other main oil producers ended the two-day’s meeting at Vienna on October 29th with failure amid serious divergence among OPEC members.

10-31-2016 16:47:12

Export volume of Iranian crude oil to decrease to a four-month low in Nov

According to a source familiar with Iranian crude tankers’ primary schedules, the seasonal weak demand in Europe depressed the export passion of the crude oil in Iran.

10-31-2016 15:55:37

US active petroleum drilling wells slipped for the first time in recent 4 months

According to Baker Hughes, up to October 28th, the number of US active petroleum drilling wells decreased 2 to 441, which was the first slipping since June. What’s more, the total numbers of US active petroleum drilling wells and gas drilling wells increased 4 to 557, dropping 218 YoY.

10-31-2016 11:44:49

Gasoline export volume was lifted to 841,300 mt in September

According to customs, China's gasoline export volume saw 841,300 mt, rising 25.13% MoM and 36.76% YoY.

10-28-2016 17:37:20

JLC: Nigeria’s crude production rose to 1.9 million mt/d

According to Nigeria’s petroleum Ministry, on October 25th, Nigeria’s crude production rose to 1.9 million mt/d. Its government had held multi-party talks with Niger Delta area armed group’s leaders. And Nigeria wished to stop the violence conflict to recover the crude production.

10-27-2016 14:06:05

Chinese Academy of Sciences: China’s bio-diesel production exceeded 300,000 mt in 2015

Tianjin Institute of Industrial Biotechnology, Chinese Academy of Sciences and Documentation and Information Center, Chinese Academy of Chengdu published Chinese Bioindustry Investment and Analysis Report 2016 on October 25th ,

10-26-2016 17:09:31

Oil product market’s upward momentum was used up

Recently, the news about the freezing production agreement’s specific becoming weaker. Though the Vienna meeting was not convoked yet, the increasing production of Iran, Iraq and Russia and the recovering US shale oil market trucked the meeting in negative atmosphere.

10-26-2016 15:07:08

Declining MTBE run rate shrunk refineries’ profits

Entering into October, domestic MTBE prices were lifted by the replenishment after National Day to CNY5,850/mt. But since middle October, MTBE shifted to the decreasing range from rising.

10-26-2016 15:00:06

Saudi Arabia and Russia will work together to promote the oil prices

Saudi Arabia and Russia’s officers showed on October 23rd at Riyadh that those two countries may work together to balance the international oil market and promote the oil prices in short time.

10-26-2016 14:52:44

Oil quality upgrading accelerated with more policies published

Recently, National Energy Administration convoked oil quality upgrading and checking colloquium at Beijing.

10-26-2016 14:10:56

Angola defeated Russia and became China’s biggest oil supplier

Angola defeated Saudi Arabia and Russia and became the biggest oil supplier of China.

10-26-2016 14:06:46

US crude inventory was estimated to lift 0.8 million bbl

According to foreign media, on October 24th, US crude was estimated to lift and the gasoline inventory and refined oil inventory dropped.

10-26-2016 11:28:01

Refined oil may face its decreasing trend later

The weak news about OPEC’s freezing production agreement turned the marketers to focus on the crude fundamentals, and oil prices were vibrating around $50/bbl amid deadlocked bearish and bullish news

10-26-2016 10:05:45

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China