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US crude price created a new low in the last three weeks amid OPEC crude output growth

On August 14th (Monday), US crude price fell to a new low in the last three weeks due to OPEC crude output growth.

8-16-2017 15:10:10

Construction peak of oil and gas long-distance pipeline in China will come

According to PetroChina sources, PetroChina Pipeline Co. LTD held the midyear working conference of 2017 in Beijing on August 9th and 10th.

8-16-2017 15:06:29

China growth rate of crude imports to decrease in H2 of 2017

Thomson Reuters reported on Tuesday (August 15) that China refineries’ decreasing crude processing volume in July may indicate that China’s rapid growth of crude demand in 2017 will slow

8-16-2017 14:53:44

Shandong Yongxin Chemical stops selling LPG amid maintenance

It was learned by JLC that Shandong Yongxin Chemical conducted about 20-day maintenance from August 9th to the end of August. During maintenance, the company will stop selling LPG products t

8-16-2017 14:13:27

Steel scrap market will go up boosted by billet price rise

In August, billet price kept rising, boosting steel scrap market. According to JLC, up to August 11th, Tangshan billet price gain totaled CNY300/mt, but scrap steel price only saw a total ri

8-16-2017 11:19:02

MTBE margin declined further amid higher feedstock price

Last week over August 7th to 11th, MTBE production margin declined further due to feedstock price gain, like mixed C4. According to JLC data, the weekly profit of C4-based MTBE unit averaged

8-15-2017 18:07:43

MTBE price is expected to keep high amid tight spot and high feedstock price

Entering this week, MTBE price hike was weak, compared with the price gain of feed gas, gasoline and alkylated products. Taking Shandong as an example, MTBE prevailing price ranged CNY5,200-

8-15-2017 17:30:18

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