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Oil price declined 1% to the lowest of seven months

According to Reuters, the oil price fell by about 1% to the lowest of seven months as market participants observed more signs that crude output growth in the U.S., Libya and Nigerian offset

6-20-2017 09:45:26

794 new energy buses in Weifang City get CNY100 million subsidy

It was learned from financial authority and transportation authority of Weifang City that it had gotten CNY109.05 million subsidies from energy saving and new energy city bus pilot project f

6-20-2017 09:43:25

MoC: China 2nd batch of imported quotas of crude oil were released

At the middle of this year, Ministry of Commerce released the 2nd batch of imported quota of crude oil when some teapots had used up the 1st batch of imported quotas.

6-19-2017 19:32:49

Big times, shale oil revolution still keeps on

Recently, Brent futures contract price has fallen for 4 weeks constantly, creating the longest falling period. Meanwhile, Brent futures contract price fell by 13.14% from a high point of $52

6-19-2017 18:19:32

“Three pillars pattern” of refineries has formed in South China

At present, Petrochina and Petroleum of Venezuela, S.A. (PDVSA) signed a series of agreements to work together to promote Nanhai refining program, whose capacity was 20 million mt/yr, an

6-19-2017 18:08:51

Propane price in China market fell from May 2017

Seen from the graph, propane price in China fell rapidly from May and moved stably at low level in June.

6-19-2017 17:49:47

LNG prices rise

Supply and demand are the two fundamental reasons affecting price movement in the market. After long-term losses in 2016, domestic liquefaction plants all kept the prices firm strongly.

6-19-2017 17:24:42

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