The profit of the five largest petrochemical compa

  • Detail

According to the latest data of China Petroleum and Chemical Industry Association, the profits of PetroChina, Sinopec, CNOOC, Sinochem and Shaanxi Yanchang totaled 27.142 billion yuan in April, a year-on-year increase of 44.8%. Among them, the profit of Sinopec Group increased by 48.4% month on month in April

the cumulative profit in the first four months was 73.7 billion

the report shows that the main business income of the five major oil companies totaled 207.72 billion yuan in April, a year-on-year decrease of 28%. The total accumulated monthly profit was 73.744 billion yuan, a year-on-year decrease of 9.5%; The total revenue from main business was 742.52 billion yuan, a year-on-year decrease of 29.5%

in April, the operating rate of the oil refining industry was about 79%, and the crude oil processing volume was 29.427 million tons. Electromechanical machinery was the soul of all components, with a year-on-year increase of 6%, which continued to rise compared with March; The output of refined oil (total steam, coal and diesel) was 17.466 million tons, up 6.7% year-on-year, but still lower than that in March. The monthly cumulative crude oil processing volume decreased by 1.8% year-on-year, and the output of refined oil was the same as that of the same period of the previous year

sales volume of refined oil increased and inventory decreased

in April, sales volume of refined oil continued to increase month on month and inventory continued to decline month on month. According to the statistics of relevant departments, the national product oil sales in that month reached the construction standard of hospital clean operation Department 10000 tons, the highest since this year, with a month on month increase of 5.2%, of which diesel sales increased by 7.4% and gasoline sales increased by 6.6% month on month

at the end of April, the inventory of national refined oil depots decreased by 15.4% on a month on month basis, of which the inventory of diesel oil decreased by 21.6% on a month on month basis; Gasoline inventory fell 5.3% month on month

in an interview with China Securities Journal, the deputy director of the market information department of the association said: "it is difficult for us to determine how much of the apparent consumption of the two companies has been transferred to circulation enterprises and how much to retail."

crude oil prices continued to rise in April. The average prices of WTI and North Sea Brent light crude oil rose by $5.33 and $6.05 per barrel respectively compared with the previous month; The price of Daqing crude oil in China rose by 6.21 US dollars/barrel over the previous month. Because the oil price is expected to be low throughout the year, PetroChina has reduced its annual crude oil production plan

the rise of oil price gives reasons for the increase of upstream exploration and production. According to the data, the national crude oil output in April was 15.594 million tons, a year-on-year increase of 0.8%, but still lower than the 15.823 million tons in March; The natural gas output was 6.88 billion cubic meters, a year-on-year increase of 6.9%, down from 7.35 billion cubic meters in March. On a monthly basis, China's crude oil output fell by 0.9% year-on-year; Natural gas production increased by 7.4% year-on-year

note: the source of this reprinted content is indicated. It is reprinted for the purpose of transmitting more information, and does not mean that it agrees with its views or confirms the real long-term use of its content

Copyright © 2011 JIN SHI