China Petroleum & Chemical Corp (0386.HK)
19 Jul 2019
BEIJING China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along a major maritime route.
DUBAI, July 11 Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.
* Zhejiang Petrochemical plant started trial runs at same time
SINGAPORE/BEIJING China's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity.
BEIJING Russia became the largest crude oil supplier to China in May, supported by robust demand from private refiners and alongside a fall in supplies from Iran.
* Investigation requested by CNPC, Sinopec petrochemical units
SINGAPORE/MOSCOW Trading companies Vitol and Unipec are sending around 700,000 tonnes (5.1 million barrels) of contaminated Russian oil to Asia in an attempt to place the barrels rejected by buyers in Europe, according to trading sources and ship tracking data.
* Around 700,000 tonnes of contaminated crude heading to China
SINGAPORE China has issued a second batch of refined fuel export quotas for 2019 that is 30 percent higher than the first batch, two trading sources briefed on the matter said on Friday.
SINGAPORE, May 17 China has issued a second batch of refined fuel export quotas for 2019 that is 30 percent higher than the first batch, two trading sources briefed on the matter said on Friday.