Gulf Oil and Gas accountACCOUNT

Oil News in China

Global Oil Demand Growth Evaporates Because of Coronavirus
2/11/2020 - The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and an international level, reducing demand for oil, which has lost ab...
Oil Slides Lower as Traders Evaluate China's Demand, Await OPEC+ Cuts
2/9/2020 - Oil prices slipped lower on Monday as traders assessed China’s oil demand following the coronavirus outbreak and waited to see if major producers will cut output further to balance markets. ...
ADNOC Signs New Long-Term Agreement for Base Oil Sales into China
4/2/2019 - The Abu Dhabi National Oil Company (ADNOC) announced, today, that it has concluded a significant long-term sales agreement with the Xiamen Sinolook Oil Co. Ltd., of China, for its high-quality base oi...
Shell Obtains License to Independently Trade Oil Products in Chinese Wholesale Market
1/2/2019 - Royal Dutch Shell's (RDS.A, RDS.B) Chinese unit has obtained a license to independently trade oil products on the domestic wholesale oil market, S&P Global Platts reported. The license is the first th...
China Oil Trade - August 2017
China Oil Trade - August 2017 8/21/2017 - China’s crude imports showed a slight increase in June, following a larger expansion the month before. China crude oil imports rose by 28 tb/d in June to average 8.8 mb/d, as the country continues its...
China Oil Trad - May 2017
China Oil Trad - May 2017 5/31/2017 - China’s crude imports reached a new record high in March, increasing by 889 tb/d, to average 9.2 mb/d, and remained higher from last year by a remarkable 1.5 mb/d. Y-t-d, the figures reflected an incr...
China Oil Trade - April 2017
China Oil Trade - April 2017 5/3/2017 - Following a drop encountered the previous month, China’s crude oil imports increased in February to stand at 8.3 mb/d, up by 273 tb/d or 3% from the previous month. Y-o-y, China’s crude imports were u...
China Oil Trade - March 2017
China Oil Trade - March 2017 3/28/2017 - Following the significant increase in December, China’s crude oil imports dropped in January by 554 mb/d, or 6%, from the previous month to average 8 mb/d. On an annual comparison, China’s crude impor...
Beset By Delays, Myanmar-China Oil Pipeline Nears Start-Up
3/21/2017 - Nearly a decade in the making, a project to pump oil 770 km (480 miles) across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the o...
China Oil Trade - January 2017
China Oil Trade - January 2017 1/24/2017 - China’s crude imports increased by 1.1 mb/d, or 16%, in November to average 7.9 mb/d, compensating for the drop in crude imports it saw a month earlier. At the same time, China’s refinery throughput i...
China's CNPC Forecasts Record Oil Demand, Warns On Product Glut
1/12/2017 - China's crude oil demand will grow by 3.4 percent this year to a record of almost 12 million barrels per day (bpd), the country's top state-owned oil producer forecast on Thursday, as refiners in the ...
China Oil Trade - October 2016
China Oil Trade - October 2016 10/17/2016 - China’s crude imports went up in August to their highest level since April, increasing by 421 tb/d, or 6%, to average 7.8 mb/d. Nevertheless, refinery runs were lower in August. On an annual compariso...
China Oil Demand - August 2016
China Oil Demand - August 2016 8/11/2016 - Chinese oil demand grew in June 2016 by around 0.24 mb/d, or 2% y-o-y, far lower than the average growth registered in 2015 of 6% y-o-y. Total consumption reached approximately 11.23 mb/d. Oil demand ...
China Oil Trade - July 2016
China Oil Trade - July 2016 7/31/2016 - China’s crude oil imports increased from the previous month to maintain their high level. They were up by 249 tb/d, or 3%, from a month ago, averaging 7.95 mb/d. On an annual comparison, China’s crude...
China Oil Trade - April 2016
China Oil Trade - April 2016 5/3/2016 - China’s crude oil imports increased significantly in February to reach a new peak of 8 mb/d, up by 1.7 mb/d or 27% from the previous month. In an annual comparison, the country’s crude imports rose by...
China Oil Demand - January 2016
China Oil Demand - January 2016 1/31/2016 - In China, November oil demand declined by around 0.15 mb/d, despite solid growth in gasoline and LPG. Oil demand was predominantly characterized by less-thananticipated performance from diesel oil and...
China Oil Trade - December 2015
China Oil Trade - December 2015 1/6/2016 - In October, China’s crude oil imports declined, following a high level in the month before, falling by 597 tb/d or 9% to average 6.2 mb/d. At the same time, Chinese stocks were down from a month befor...
China Oil Demand - December 2015
China Oil Demand - December 2015 12/15/2015 - Chinese oil demand was at projected level of growth of around 0.30 mb/d, or 3.0%, during the month of October 2015, softer than the robust growth experienced in previous months. Oil demand growth was ...
China Oil Trade - November 2015
China Oil Trade - November 2015 12/8/2015 - China’s crude imports increased in September by 540 tb/d following the decline of the previous month to average 6.8 mb/d, up by 9% from the month before and 1% from a year ago. Stocks were also seen i...
Chinese Refiners Looking for More Product out of The “Bottom Of The Barrel” to Boost Returns
11/24/2015 - Chinese refiners are looking to get more product out of every barrel of oil – especially the hard-to-refine “bottom of the barrel” residue – over the next decade, according to a comprehensive survey o...

Coal Electricity General Natural Gas Oil
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.