China to up oil product exports.

Thursday, February 26, 2015    No comments


China to up oil product exports.
Feb 23rd 2015, 00:00

Beijing has raised the initial volume of oil products that Chinese refiners can export this year, potentially adding to a supply glut just as new processing capacity in the Middle East is expected to pressure fuel prices and depress margins.
China controls oil product exports through quotas to state-run refiners after assessing domestic needs. This year Sinopec Corp, CNOOC and PetroChina...

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

China to up oil product exports.


China to up oil product exports.
Feb 23rd 2015, 00:00

Beijing has raised the initial volume of oil products that Chinese refiners can export this year, potentially adding to a supply glut just as new processing capacity in the Middle East is expected to pressure fuel prices and depress margins.
China controls oil product exports through quotas to state-run refiners after assessing domestic needs. This year Sinopec Corp, CNOOC and PetroChina...

Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)