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Oil product export quota drops sharply; Overcapacity likely to worsen

Since the start of the year, not only independent refineries have been suspended from oil product exporting, but also the four oil giants have seen their oil product export quota plunge.

4-19-2017 15:37:57

Reason for LPG price rising in Northeast China

Recently, the LPG market saw a bullish trend in North China. It is unexpected that the bad effect has been offset soon after the CP price dropping. It’s worth noting that the Northeast mar

4-19-2017 15:16:00

Coke prices continue to go up in the future

Coal inventory fell amid the rising output in coking plants and they increased coking coal procurement from the market. Affected by the hype of Shenhua Group raising coal prices and the risi

4-19-2017 15:00:27

Port coal prices to drop with downstream users’ weak procurement

Coal supply began to be stable with the recovery of coal mines output in main producing areas. According to the data, the average coal sales via highway recovered to above 1.17 million mt in

4-19-2017 14:55:51

China crude oil imports in March hit historical high

According to the data from the General Administration of Customs of the PRC, in March China imported crude oil 38.95 million mt (9.17 million barrels per day).

4-19-2017 14:04:49

API crude inventory declined less than expected; the oil closing price dropped

On April 18th (Tuesday), API data showed that the U.S. crude oil inventory dropped less than expected last week and gasoline inventory hiked unexpectedly.

4-19-2017 11:47:58

China economic data keeps considerable in Q1 and suffers pressure in Q2

According to the economic data for the first quarter issued by the National Bureau of Statistic of PRC on April 17th, the GDP for the first quarter gained 6.9% YoY and 1.3% MoM to CNY18.0683

4-19-2017 11:38:23

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