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CHINA REFINERY THROUGHPUT
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- China kept building its crude stockpile in April despite Iran crisisChina is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's ...
- Stocks in news: Tata Power, IndiGo, Maruti Suzuki, Indian Oil, Adani GreenMarkets rebounded to start the new financial year, with the Nifty seeing a relief rally after a March decline. Key stocks like Tata Power, ...
- Asian refineries, petrochemical firms cut runs as Iran war disrupts suppliesGlobal energy markets face disruption. Asian refineries and petrochemical firms are cutting operations. This follows a U.S.-Israeli conflic...
- China imports the most energy, but is best placed on IranChina's large energy reserves offer protection against rising global oil and gas prices. The nation's refiners may profit from increased ex...
- Chinese refiners begin run cuts as Iran war tightens oil supplyRecent turbulence in the Strait of Hormuz has led to significant operational changes among China’s major refiners. Zhejiang Petrochemical C...
- Oil prices edge higher after Russia-Ukraine tensions escalateOil prices saw a slight increase on Monday following intensified fighting between Russia and Ukraine. However, concerns about China's fuel ...
- Oil prices inch down on weaker US consumer demand ahead of China dataOil prices slipped on weaker U.S. consumer demand. China's economic data indicated deflation, impacting markets in Singapore and other coun...
- Oil up 1.5% as Saudi Arabia and Russia stick to supply cutsSaudi Arabia confirmed on Sunday it would continue with its additional voluntary cut of 1 million barrels per day (bpd) in December to keep...
- Oil prices come off earlier gains as banks cut China growth forecastsGlobal oil prices fell on Monday due to concerns over China's faltering post-COVID recovery, which overshadowed last week's OPEC+ output cu...
- Sinopec plans to spend $4.6 billion on hydrogen energy by 2025Asia's biggest oil refiner said on Monday it plans to become China's largest company to produce hydrogen for use as a transportation fuel, ...
- Crude oil prices steady near multi-year highsBrent crude oil futures dropped 12 cents, or 0.1%, to $74.27 a barrel by 1332 GMT. They hit their highest since April 2019 in the previous ...
- Brent crude slips from $70 as outlook brightens but inflation weighsBrent crude futures for May was up 10 cents, or 0.1%, at $69.32 a barrel by 0947 GMT while US West Texas Intermediate crude for April was a...
- Indian refiners cuts crude processing as fuel demand dips, margins fadeFuel demand in Asia's third largest economy had been rising since May from historic lows in April, when a nation-wide lockdown to stem the ...
- Yes! Aramco paid a premium for RIL deal, and with good reasonIndia is the third-largest oil-consuming nation in the world after the US and China.
- China off its perch as world's top crude buyerChina's oil imports fell about 11 percent in May from a year ago in the steepest drop since November 2013, likely knocking the country off ...
- China oil demand marches on at double-digit paceChina's implied oil consumption expanded at a double-digit rate in May for the ninth month in a row, as oil refiners raised production to n...
- Under-recoveries hit IOC's bottomline. The oil bonds received by IOC during the quarter ended March 2008 jumped 145% to Rs 7,536 crore, while the discounts received from ONGC, ...
- Refining the crude success storyHigher refining margin is likely to continue in the medium-to-long term as global demand for petroleum products is growing. India is strate...
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