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CNOOC plans to participate in oil& gas business in Chile Magellan

CNOOC plans to participate in oil& gas business in Chile Magellan

9-18-2016 14:27:43

PTA keeps fluctuating along with the rising of PET run rate

Entering July, China domestic PTA market kept fluctuating. There are mainly short term trading opportunities, lacking of a trend. The low level of international crude oil price makes PTA’s

9-18-2016 11:57:48

Oil prices closed downwards amid increasing drilling wells and stronger dollars

The increasing crude export of Libya and Nigeria and the stronger dollars index which was supported by the positive CPI, hit the oil prices jointly.

9-18-2016 11:55:45

Iron ore hits the skids as miners, banks wrangle over supply

After a stellar run in 2016, iron ore has hit a rough patch. The prospect of a slump below $50 a metric ton is now back in view after the longest losing streak in more than five months as in

9-18-2016 11:31:05

Shengli crude refining profits rose to CNY194/mt

This week, based on the settlement price CNY2,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on September 14th, the theoretical processing profits of Shandong teapots s

9-18-2016 11:29:01

China to support debt-to-equity transfers for steel, coal firms

China will support asset management companies converting debt into equity stakes for steel and coal firms, and provide credit support to competitive companies with overcapacity issues, the c

9-18-2016 11:07:53

Iron ore gluts to 2019 prompt HSBC to see slump into $40/dmt

The global iron ore surplus will take a step up next year and again in 2018, and that means prices are poised to take a step back.

9-18-2016 11:01:41

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