129667840452959142_116Development and Reform Commission revealed yesterday, according to September oil refining industry profits, profits of about $ 400 million.
However by the refining industry affected by the overall impact of high crude oil prices for the year, in September before a net loss of $ 1.17 billion. Losing money after 4 months of profit for the first time yesterday, China Petroleum and chemical industry Federation (Federation of petrochemical) disclosure, this is the refining plate for 4 consecutive months lossAfter its first profit.
According to the refining industry development and Reform Commission has previously disclosed according to the refining industry 7.2 billion yuan in profits in the first half, then July one-month loss of $ 4.8 billion, in addition in August before refining industry losses of $ 1.84 billion, which could calculate that the August monthly amount to $ 4.24 billion. After development and Reform Commission said, "May refinery rowFrom profit to loss year highs out June 7 August losses had eased.
"This judgement, oil refining industry in May losing money, but earnings have continued to hold up well. Guosen securities yesterday also reported in the third quarter, under the influence of factors such as the European and American debt crises, international oil price shocks downward. Oil prices expected to remain volatile downward pattern
swtor credits, Oil refining margins will continue to improve.
24th WTI oil prices close 95.85 USD, a figure that has more than $ than the May prices fell by nearly 20 dollars.
Other refinery 63.33 billion profit? From the perspective of development and Reform Commission disclosure of data, in September before refining industry as a whole a net loss of $ 1.17 billion
Diablo 3 Power Leveling, this data and the two largest oil companies in September before refining$ 64.5 billion loss of huge amounts of data is very different from. Prior to this, PetroChina and Sinopec reported, the first three quarter refining losses reached $ 41.5 billion and $ 23.09 billion for a total of $ 64.5 billion.
Industry-wide loss is the loss of two major oil companies only 1.8%. It is understood that the development and Reform Commission, data from the Statistical Office, for a data gap is so greatAnd petrochemical Union appeals against reporters, apparently other refiners ' hedge earnings of two major oil companies refining losses.
He said that refineries in the country more than more than 340, although two major oil company refinery losses, but some local refineries remained profitable, industry-wide losses overall is very low. On this statement, there are people in the industry tablesAs shown in question, saying that two major oil company refinery in September before huge losses $ 64.5 billion, and $ 1.17 billion industry-wide losses only, at that rate, other refineries should first 9-month earnings amounted to $ 63.33 billion, the result is a bit hard to believe. Yesterday, reporters asked the national development and Reform Commission on this issue, at the time the closing did not receive reply. And the industry also means that, for the countryRefining and profitability of enterprises, it is difficult to have a comprehensive set of statistics. Explanation to explain a flexible production lead to profit for refining and refining profits, while the two major loss-making bizarre phenomena, Petrochemical Association it is felt that, when a loss occurs in oil refining, the two major oil companies even if losses also to ensure continued production for, while local refineries are more flexible, according to market conditionsArrangements for production, profitability and more time to produce losses when produced, it can be profitable. Explain two low cost lead smelting profit CBI analyst Liao Kaishun analysis, smelting raw materials with the exception of two major oil companies outside the internal redeployment of a small amount of crude oil, mainly imported fuel oil, as well as poor quality diesel, costs are relatively lower, so most refineryProfit, total profit might be better.
Explain 32 single large clamping enterprise data loss issues in this regard, also quoted market analysts believe that the losses are the two major oil companies themselves "do", company to higher crude oil prices recorded do natural cause the oil refining sector losses. However this is some people in the industry are not recognized and stated that domestic oil prices earlyAchieved and international synchronization, it is common knowledge that, even if it is their own business must also be settled according to international oil prices.
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