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The third cut for oil products retail prices under crude dropping

The bearish news from American well drillings number increasing and crude inventory recovery continued to press down the crude futures. Therefore, China refiners’ profits began to slide, a

8-2-2016 17:38:41

China is still the largest crude export destination for Oman

Oman national information and statistics center showed, in January-May, 2016, Oman crude production was 151 million barrels, and exports settled at 137 million barrels, up by 4% and 8.1% res

8-2-2016 15:14:01

China gasoline export first broke 1 mln mt for the first time

As the domestic demand slowdown made the supply surplus markedly, China gasoline exports doubled against the previous year, the first time outpacing 1 million mt, and what’s more the gasol

8-2-2016 14:53:42

PetroChina announces new investment cut between 2016 and 2020

Chinese oil group China National Petroleum Corp. (CNPC) has announced that it would cut its annual investment between 2016 and 2020 to around Cyu 260bn (US$39bn), a nearly 40% reduction from

8-1-2016 13:42:31

SBS oil-extended rubber prices likely to hover at high levels

In early July, Dushanzi Petrochemical only arranged a production of 1,900 mt 171 SBSoil-extended rubber. PetroChina South China Marketing Company takes buy-out dealership on SBS oil-extended

7-29-2016 18:58:10

Deep processing companies still get profits amid sluggish market

July 22nd-July 28th, average profit of olefin deep processing was flat. According to JYD, profit of alkylation units averaged CNY258.5/mt, down 10.24% from last week.

7-29-2016 18:07:33

China coal firm makes bond payment it missed as market improves

A Chinese coal company made a full bond payment it missed in June, in another sign that conditions are improving in the onshore note market this month.

7-29-2016 17:03:01

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