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7月更新情報

 

COVER STORY 

Killer contract 
China is poised to launch a government-backed crude futures contract, to aid price discovery in Asia-Pacific…

 

NEWS

Supply pressures build 
Chinese apparent oil demand accelerated again in June, taking growth to 8pc in the first half of this year…

Spot crude demand picks up 
Crude spot prices are on the rise once again in east China’s Shandong province...

Urals demand slackens 
Prices for Russian medium sour Urals crude are at their highest levels relative to Atlantic basin marker North Sea Dated since March 2014, slowing the flow of shipments to China…

Gasoline faces displacement threat 
Slowing gasoline demand in China may signal s structural threat to domestic refiners and their peers across Asia-Pacific…

Policy boost for diesel market 
China’s diesel market is growing again, suggesting claims that demand for the fuel peaked last year may have been premature…

LPG demand peaks, for now 
Chinese LPG demand growth is likely to slow in the second half of this year, after hitting a record 1.96mn b/d in May…      

Regulator blocks refinery fund-raising plan
Plans by Chinese private-sector petrochemicals firm Hengli to build a major new refinery to process Middle East crude have run into trouble…      

Rongsheng breaks ground on new refinery 
Private-sector company Rongsheng Petrochemical began construction of its new downstream complex at Zhoushan, in east China’s Zhejiang province, on 10 July…      

New infrastructure soaks up crude surplus 
New pipelines and oil tank farms are helping to absorb China’s rising crude imports this year…      

Beijing defers blending tax but fears remain 
Sinopec is auditing its downstream arms’ use of mixed aromatics and other intermediate products used to produce road fuel, to quantify the group’s exposure to any so-called blending tax…                 

Beijing pushes shale gas, again 
China has unveiled a date for its long-delayed third auction of a shale acreage licence…   

Support grows for INE contract 
The imminent launch of China’s crude futures contract may benefit from participation by trading companies currently importing blendstocks…   

Government proposes bunker market shake-up 
A proposed merger between two major Chinese state-run fuel oil trading companies later this year will help consolidate the government’s control of the domestic bunkering market…   

Buying spree resumes despite auditor’s censure 
Chinese government regulators vowed to scrutinise oil companies’ overseas acquisitions far more closely, after the drop in oil prices forced many to write down the value of acquired assets…   

DATA 

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