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炼油商

炼油商

炼油商

炼油商

3

Valero, the largest independent refiner in the U. S. , and other refiners are buying most of their oil at prices similar to Brent.

美国最大的独立炼油商 Valero 以及其它炼油商正以类似布伦特原油期货的价格采购其绝大多数石油。

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Valero, the biggest US refiner, has been sending hundreds of thousands of barrels a day to South America .

美国最大的炼油商瓦莱罗（Valero ）如今每天向南美出口数十万桶燃油。

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At the year 's end, they have usually been compensated out of public funds .

年底时，政府通常会用公共资金对这些炼油商进行补偿。

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Any growth it sees by then is wholly dependent on developing economies -- more bad news for U. S. refiners -- and China in particular.

该机构认为，届时的任何需求增长都将完全取决于发展中国家，尤其是中国；这对美国炼油商来说是个更坏的消息。

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Hedgers' loss is others' gain, giving a temporary windfall to Midwestern refiners .

对冲者的损失即其他人的所得 ——中西部炼油商获得了暂时性的意外收获。

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Thanks to higher oil prices and favorable spreads in the crude market, the nation's largest oil refiner has been on the move .

由于高油价和原油之间客观的差价，美国最大的炼油商势头正旺。

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As a result , margins of refiners have decreased and the cost of crude oil now accounts for 65 to 70 per cent of the price at the pump .

结果，炼油商利润出现下降，而原油成本现已占到加油站产品价格的 65%至 70%。

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It's also been buying large volumes of oil products from South Korean and Taiwanese refiners .

中国石油还一直在向韩国和台湾的炼油商大量购买成品油。

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In China price caps have encouraged state refiners to sell more overseas where the price is higher leading to shortages at home .

在中国，价格上限已刺激国家炼油商更多出口到价格更高的海外，导致国内短缺。

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For US refiners , it looks increasingly likely demand growth will be in Asia .

对于美国炼油商而言，亚洲需求上升的可能性越来越大。

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Another, smaller fillip for the refiners is a 900 yuan or 22 per cent rise in jet fuel rates, which accompanied the motor fuel increases .

此外，伴随着汽车燃油价格上调，航空燃油价格也上调 900 元人民币，上调幅度为 22%，这对炼油商而言也是一个相对较小的利好。

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Because of state-set fuel prices , China's oil refineries had been losing money for years .

由于燃油价格由政府统一制定，中国的炼油商过去几年一直处于亏损状态。

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According to Mr Mulva, some refiners have already stopped "some runs" because they judge the market to have excess supply .

据穆尔瓦称，一些炼油商已经 “部分停产 ”，因为他们判断市场将会出现供应过剩。

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During the oil price surge of 2008 , subsidies to refiners such as Sinopec ran to tens of billions of dollars .

2008年油价飙升期间，中石化（Sinopec ）等炼油商得到了上百亿美元的补贴。

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Oil refiner Sinopec, down 4 per cent at Rmb16. 19 , recently completed a Rmb30bn convertible bond offering.

炼油商中国石化（Sinopec ）股价下跌 4%，收于 16.19 元人民币，该公司近期刚刚完成 300亿元人民币的可转债发行。

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China Petroleum &Chemical Corp. , the nation's biggest oil ref iner , ga in ed 1 . 5 percent to close at HK$4. 17 in Hong Kong trading today.

中国石油化工有限股份公司、国家最大的炼油商今天在香港的交易中增长了 1.5%，接近港币 4.17 元。

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Oil refiners cut Iran links

欧洲炼油商减少采购伊朗石油

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