Tuesday 27 December 2011

for refining Enterprise profitability throughout

129668731831875000_264Development and Reform Commission, the day before yesterday disclosed data show that September oil refining industry profits, profits of about $ 400 million. But refining industry affected by the overall impact of high crude oil prices for the whole year, in September before a net loss of $ 1.17 billion.   This data and the two largest oil companies huge September $ 64.5 billion oil refinery losses before the data is very different from. Even losing first profit after 4 months agoChina Petroleum and chemical industry Federation (Federation of petrochemical) also revealed that this is oil refining sector for 4 consecutive months following the loss of earnings for the first time. 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 couldCalculate that the August monthly amount to $ 4.24 billion. After development and Reform Commission said, "May refining industry from profits to losses, highs for the year out in June, July or August, losses had eased.   "This judgement, oil refining industry in May losing money, but earnings have continued to hold up well. Guosen securities the day before yesterday also issued a reportIn 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, 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 profit of $ 63.3 billion? From the change-Disclosure of data, in September before refining industry as a whole a net loss of $ 1.17 billion, this data and the two largest oil companies huge September $ 64.5 billion oil refinery losses before the data is very different from. Prior to this swtor power leveling, 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 only1.8% out two big oil companies. It is understood that the development and Reform Commission, data from the Bureau of statistics for data gap is so great, Petrochemical Association 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, while the two largest oil company refineryLosses, but some local refineries is still profitable, industry-wide losses overall is very low. On this statement, have expressed doubts the industry, saying the 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 was a bit peopleUnbelievable. 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 star wars the old republic power leveling, for refining Enterprise profitability throughout, it is difficult to have a comprehensive set of statistics. ()

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