Excess supply of refined oil will limit the global refinery operating rate

According to Dow Jones News, London, December 16, OPEC forecast on Tuesday that the oversupply of refined oil is expected to limit global refining activities in the coming months.
OPEC stated in its monthly oil market report: “Considering that the current refined oil market has oversupplied, especially middle distillates, the decline in demand from the industrial sector and the use of low-priced natural gas as a substitute have infiltrated into fuel oil and heating oil applications. In the field, therefore, the utilization rate of global refining capacity cannot be significantly increased in the coming months."

Excess supply of refined oil will put pressure on recent crude oil prices.

In November, the US refinery's capacity utilization rate was about 80%, but the continued increase in gasoline inventories may further compel the US's refining capacity utilization rate to decline. The European gasoline market may also be further pressured by higher gasoline stocks in Rotterdam and a reduction in export arbitrage opportunities to the United States.

1.5 Ton Electric Reach Stacker

Zowell 1.5 ton reach stacker is an industrial material handling equipment, which refers to the forward moving wheel type vehicle which carries out loading and unloading, stacking and short distance transportation of the good by pallets. They are usually battery driven and used for transportation of large goods. The electric reach stacker/truck combines the advantages of counterbalance electric forklift and stacking truck, which has the characteristics of environmental protection, energy saving, low noise, high lifting and working in limited space.

Detail features

1. Front moving function
The gantry can move forward 580cm which can reduce the turning radius of the truck as well as ensure its running stability.

2. The fork can tilt forward and backward for easy loading and unloading of goods and material, thus improving the transporting stability of the reach truck.

3. This reach truck adopts an original multifunctional handle from Frei, Germany. The operation is comfortable and the functional buttons can realize precise control.

4. Side loading and unloading of storage battery
The side door of the truck and battery cover can be opened, then the battery can be removed from the side door. So the changing and maintenance of the storage battery is convenient. There are optional batteries such as FAMM, GS, HOPPECKE, Trojan.

5. Multipath valve stem control
Different valve stem has different functions such as fork lifting/descending, fork tilting forward/backward, gantry moving forward/backward. The distribution of valve stem is compact. The operator can carry out operation with only one finger, realizing precise control.

6. The ZF driving unit is imported from Germany. It adopts vertical installation. It also delivers superior performance, stability, and reliability.

7. Emergency power-off switch: the power can be rapidly cut off in emergencies to ensure safety.

8. Multifunctional meter can display failure code, electric quantity and some other information. The operators can know the running condition of the truck via the meter.

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Suzhou Pioneer Material Handling Equipment & Technology Co., Ltd , https://www.xianfengforklifts.com

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