Xinhua news agency, the price of oil system released in 21 Chinese oil inventory data showed, at the end of 10 Chinese crude oil inventories ( excluding reserve stock ) were down 3.46%, steam diesel kerosene inventories rose by 1.03%. Wherein, gasoline inventories rose by 5.73%, diesel stock fell 2.5%, kerosene inventories rose by 0.7%.
The analysis thinks, October, although the statistical range crude oil output reached a new high this year, but net oil imports up to 23330000 tons, but the crude oil processing volume up to year high point to statistical range crude oil inventory. Refined oil, accompanied by crude oil processing volume increased in October, diesel and gasoline yield increase, but the oil yield changed little; the demand side, the international crude oil prices lower oscillation, and "eleven " after the long terminal slowdown in consumption, all months except derv demand increases, gasoline, kerosene demand declined in all. A combination of factors led to the statistical range of gasoline and diesel oil kerosene stock rises somewhat, especially gasoline inventories increased significantly.