• Refine News & Events…
  • Department
  • Commodity (All)
  • Date
  • Archive

Links to previous press releases are below.

News X

JX trims October crude refining plan for domestic use but raises product exports


Japan's largest refiner, JX Nippon Oil & Energy Corporation, cut its crude oil refining plan for domestic use in October by 4% from an initial plan to 937K b/d, Reuters reports, citing a statement from the company. This was due to high domestic stockpiles of middle distillates. However, the refiner raised its projections for October oil product exports by 15% to 152K b/d as refining margins improve.