News
Saudi Arabian energy minister Al-Falih said on June 10th no immediate need to adjust oil pact. He said the weak performance of oil price was an overreaction to statistical glitches.
6-13-2017 14:12:22
Though PetroChina Jilin Petrochemical raised production lines to three and Fujian Fuxiang Chemical resumed production on May 25th, Sinopec Qilu Company shut down its SBR unit in H2 May and Z
6-13-2017 14:00:18
China’s SBS utilization stood at 54.67% in May 2017, up by 6.43% MoM. The scheduled output in June will be 58,050 mt, up by 11.74% MoM.
6-13-2017 11:51:10
On June 13th, according to Bloomberg, statistics of U.S. Department of Energy showed that U.S. strategic petroleum reserve (SPR) read 684.6 million barrels-685 million barrels last week.
6-13-2017 11:38:15
On May 9th, due to the output cut in Libya and the demand rise in China and the United States, the international crude futures price rebounded slightly, despite the big increase in U.S. dril
6-13-2017 10:51:44
China imported 15,800 mt butadiene in April 2017, down by 62% MoM and up by 21% YoY. The butadiene import volume from January to April totaled 113,000 mt, up by 62.14% YoY. China exported 2,
6-13-2017 10:48:17
Oil producing countries prolonged the production cut for nine months on the conference in Vienna, but investors were disappointed with a higher expectation, so the bulls were sold out, press
6-13-2017 09:57:09
