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Home > Commodity Intelligence
Last five days11-2111-2011-1911-1811-15

16:52

【Fuel Oil】
According to the latest data from the National Bureau of Statistics, China's fuel oil output in October 2024 was 3.299 million tons, a year-on-year decrease of 24.6%.From January to October, the cumulative output of fuel oil was 36.083 million tons, a year-on-year decrease of 19.1%.

16:48

【Energy】
In the first 10 months of 2024, Egypt's fuel imports exceeded $12.5 billion, up 19% year-on-year, Al-Arabiya TV reported on November 19; Imports account for 30%-35% of fuel use.At present, the Egyptian government is vigorously developing local oil refining projects, plans to reduce its dependence on oil derivatives imports from 2025, and will introduce a package of incentives for international oil companies in Egypt to promote increased investment, accelerate oil and gas development, and improve productivity.

16:46

【Fuel Oil】
On November 21, the domestic fuel oil market was weak, and some of them were lowered by 100 yuan/ton, with fuel oil 180CST self-lifting low sulfur quotation of 5200-5450 yuan/ton, and fuel oil 120CST self-lifting low sulfur quotation of 5300-5550 yuan/ton, and the market transaction was mainly demanded.

11-20 17:17

【Energy】
According to foreign media network news on the 19th, British Petroleum (BP) plans to restart its refinery in Whiting, Indiana, which is expected to produce 435,000 barrels of oil per day after resuming normal operations.Sources said at least two units had problems during the restart process, a 250,000 barrels per day sour crude distillation unit and a 102,000 barrels per day coking unit.BP has postponed the restart of the crude distillation unit and coking unit at the Whiting refinery, which are expected to resume operations this week.

11-19 17:26

【Energy】
The U.S. government announced on November 12 that it would impose a methane tax on large oil and gas producers, aimed at reducing greenhouse gas emissions.The U.S. government has set a tax of $900 per tonne of methane emitted starting in 2024, increasing to $1,200 in 2025 and stabilizing at $1,500 per tonne in 2026 and beyond.According to the U.S. Environmental Protection Agency's announcement, the rule only applies to facilities that emit more than 25,000 tons of carbon dioxide equivalent per year.According to preliminary estimates, by 2035, this measure is expected to reduce methane emissions by 1.2 million tons, equivalent to the annual emissions of 8 million combustion vehicles.

11-19 17:13

【Fuel Oil】
On November 19, the domestic fuel oil market rose slightly, some of which were raised by 100 yuan/ton, the fuel oil 180cst self-lifted low sulfur price was 5200-5450 yuan/ton, and the fuel oil 120cst self-lifted low sulfur price was 5300-5550 yuan/ton, and the market transaction was mainly demanded.

11-18 16:19

【Fuel Oil】
On November 18, the domestic fuel oil market was sorted out, and the fuel oil 180CST self-lifted low sulfur price was 5200-5450 yuan/ton, and the fuel oil 120CST self-lifted low sulfur price was 5300-5550 yuan/ton.

11-15 16:46

【Fuel Oil】
On November 15, the domestic fuel oil market fell slightly, some of which were lowered by about 50 yuan/ton, the fuel oil 180cst self-lifted low sulfur price was 5200-5450 yuan/ton, and the fuel oil 120cst self-lifted low sulfur price was 5300-5550 yuan/ton, and the market transaction was mainly demanded.
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