News
On the early stage of this evaluation period, the oversupply continued to hit the market. International crude oil shocked within a downtrend and nearly approached to $40/bbl.
8-17-2016 16:12:13
In July, main refineries’ profit increased slightly and take CNPC for example, according to profit and loss calculation formula, the profit of refineries stood at CNY350/mt, increased by C
8-17-2016 13:36:41
OMV Oil Company Peter Zeilinger said that affected by the decline in crude oil prices, OMV planned to shut down 250 more drilling in 2016 after 350 drilling had been closed in 2015.
8-17-2016 11:20:06
As international gas price went down, from August 15th, Ningde city cut pipeline natural gas sales price down to CNY4.2/cbm. According to the Ningde Price Bureau, this is the second time to
8-17-2016 10:57:40
According to the research released on 15th August, inventory of US crude oil, gasoline and refined oil declined. According to 5 analysts’ average surveyed expectation, US crude oil invent
8-17-2016 10:23:14
Propane price in international market kept low since 2016. Crude price rebounded from $30/bbl to above $40/bbl. But propane price failed to move upward as crude oil price.
8-17-2016 09:45:12
Ongoing price growth of crude oil stimulated the mild market. Plants pushed up the price and downstream purchased actively when the price was high. Driven by this, butane market also turned
8-17-2016 08:48:17
