The biggest driver of oil prices?

Background

Oil and Refining Session

Review and Prospects of China’s Petroleum Market amidst International
Trade Dynamics

2023 is a year when China is ready to accelerate the upgrading of its petrochemical industry. As part of the strategy, the operations and management of conventional independent refineries are more standardized and regulated. The market share of private refining-chemical complexes has increased significantly, and China’s influence on the global oil market remains on the rise. We will see China’s oil products market being reshaped in the near future, as backward refining capacities have been eliminated, and tax audits for independent refiners have been emphasized. Policies and regulations are in place for producers and trading companies, and the market is constantly developing for market participants. These has resulted in an entire new playing field for China’s oil products exports. How has China’s oil market responded, and what holds for the future?

Bunker and Biodiesel Session

China’s bonded bunker market more influential worldwide,as supply-demand dynamics continue to evolve

As China’s bonded bunker market embraces the world, more and more international bunker suppliers and trading companies have set up operations in China. Owing to this, China has seen a more dynamic bonded bunker market, as well as strengthened facilities and services at ports, which has enhanced China’s global influence and pricing power of bonded bunker. Meanwhile, the global shipping industry has been under the constant pressure. In a world of challenges and opportunities, which direction is China’s bonded bunker market heading to?

Opportunities for China’s biodiesel in an era of energy transition

In a world where energy crisis and environmental pollution are threatening the wellbeing of mankind, energy restructuring and energy transition are more pressing than ever. China is now making intense efforts to develop the biodiesel industry by expanding its production capacity and facilitating the collection, processing and management of used oil.

We will be sharing an in-depth analysis of China's biodiesel industry's complete industrial chain from a global point of view.

Macroeconomy Session

Russia reshuffles, China re-opening

Stepping into 2023, hopes on China’s demand recovery following the long-waited reopening and concerns on risks in the global banking sector may cause a recession that would weigh on fuel demand keep influencing oil market sentiment, while Russia’s ensuing weaponisation of energy supply and western-led phase-outs and price caps on Russian oil supply has triggered a new reality on crude and petroleum product trading patterns. By utilising our flow and freight datasets, Vortexa attempts to answer the most relevant questions surrounding Russia’s oil reshuffle and Asia’s demand and supply outlook.

Who Should Attend

Oil traders, Investors,
Market Intelligence Managers

Investment bank professionals or finance professionals

Crude Oil Practitioners Who
Want to Know China’s Oil Market

Key Benefits of Attending

: Stay updated with the latest policies
and dynamics in China’s oil market

: Hear expert analysis on
government policies

: Seek new opportunities and understand challenges in China’s oil market

: Network with
high-level peers in the industry

Forum Agenda

The Biggest Driver of Oil Prices?

8:30 am: Registration (Please bring along your business card)

9:00 am: Welcome Remarks

9:05 am: Opening Address

Oil and Refining Session

9:15 am

New policies in China’s oil products market - A new era for China’s oil products market

• Expansion of refining capacities slows down

• China’s crude runs and utilization rate both gain traction

• China to further boost its output of oil products

• Demand for oil products bottoms out and recovers

• China’s oil products to become more market oriented

New trends in China’s feedstocks

• Changes in crude import quotas

• Crudes grades preferred by independent refiners

• Outlook for demand for diluted bitumen and SRFO

• The future for independent refineries

Prospects for China’s oil products market

• China’s refining capacity to expand and peak

• China’s output of oil products to peak

• Domestic consumption of oil products shrinks

• China’s oil products exports to remain stable

Bunker and Biodiesel Session

09:55 am

Demand and supply pattern of China’s bonded bunker market continues to improve

• Favorable policies boost China’s bonded bunker output

• China’s dependence on imported bonded bunker lessens

• Spot market supplemented with blended fuel and supply from futures market

Competition intensifies on China’s bonded bunker market

• A more diversified and dynamic bonded bunker market

• Authorities and port groups make efforts to enhance infrastructure and service

• Competition among Asian ports boosts the development of China’s bonded bunker market

Prospects for China’s bonded bunker market

• Increasing utilization of capacity due to stronger exports

• Market dynamics emphasize the importance of resources

• Analysis on alternative fuels (LNG, methanol, etc.)

Policy framework of China’s biodiesel industry - China’s biodiesel industry thrives on growing global demand

• China’s biodiesel capacity gains on strong demand

• China’s biodiesel output surges on rapid development of the industry

• Upgrading of China’s biodiesel products

• Analysis on China’s biodiesel trade flows

The establishment of a biodiesel feedstock system in China

• Feedstock structure of China’s biodiesel and its evolution

• Distribution and collection mechanism of used oil in China

• Analysis on prices and margins of used oil

Development and prospects of China’s biodiesel industry

10:30 am: Coffee Break

Macroeconomy Session

10:50 am

Is the world short or long on oil?

• How does OPEC handle the situation?

• Will the U.S. continue to benefit from Russia’s absence?

• Asia’s CPP outlook: regional supplies vs. arbitrage opportunities

The great migration: Russia’s changing oil flows

• What does the reshuffling of Russian oil flows look like?

• Are China and India running into risks by raising their Russian oil intake?

• What are the logistical constraints and costs involved in the reshuffling?

• Growing dark fleet and sailing patterns

Key outlook for China’s re-opening

• New refining capacities and refining runs: domestic demand vs. export needs

• New developments on the feedstock supplies

A summer rally round the corner for tankers?

• Is the VLCC freight rate rebound here to stay?

• LR and MR segments: loser or winner?

• What is the risk of the US imposing secondary sanctions on third parties that skirt western sanctions?

11:25 am: Questions and Answers

11:55 am: Closing Remarks

About JLC

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With twenty years of endeavor in China’s bulk commodity market, we are proud to offer our premium services in data intelligence, real-time business information, industry analysis, custom reports, market research and consultation, conference & training, pricing solutions and risk management to 1.38 million customers worldwide.

Headquartered in Beijing with branches in Shanghai, Guangzhou, Shandong’s Zibo and Yantai, and Singapore, JLC has a professional team of hundreds of insightful analysts and research fellows providing data and intelligent application services with the help of technologies including big data and artificial intelligence. Our strong database comprising global spot commodity prices, derivative prices, data on market fundamentals, industry data and macroeconomic data covers hundreds of products in over a dozen industries such as oil, natural gas, chemicals, hydrogen, steel, plastic, rubber, polyurethane, chemical fertilizers, chemical fiber and coating materials.

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