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Sinopec stopped purchasing gasoline since June

According to JLC, Sinopec since June basically stopped purchasing gasoline outside. All along, the main refineries in order to reduce costs are scheduled to arrange procurements from teapots

6-23-2017 11:40:01

Analysts: crude oil price may fall to $30/bbl

Analysts expressed that before crude oil price turned stable, it may fall to $30/bbl, which would made OPEC and non-OPEC countries suffered much

6-22-2017 18:42:52

PX and PTA markets diverge

The PX market and PTA market, which typically run at par with each other, have shown some trend division recently, with the latter recovering and the former under weak adjustments.

6-22-2017 17:56:02

Indonesia has been ready to export biodiesel 9 mln mt to China

Indonesia said it had been ready for supplying China biodiesel 9 million mt per year.

6-22-2017 17:02:37

Tianjin Petrochemical starts refining oil upgrade projects

Recently, Tianjin Petrochemical started the project for restructuring the refining oil products and upgrading oil products quality, including 5 newly-constructed units and 3 transforming uni

6-22-2017 16:13:13

DBP plants face heavy sales pressures amid intensifying environmental protection

China dibutyl phthalate (DBP) market kept sagging from mid-May to mid-June. Though the market has somewhat bottomed out on the back of a bullish feedstock market this week, it is lack of the

6-22-2017 15:57:50

Floating crude oil inventory would be another threat to the oil price

According to the foreign media, Singapore traders said, at present there are more than 50 VLCCs storing oil above 60 million barrels in the world.

6-22-2017 15:26:10

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