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Shandong teapots export oil products increasingly

In July, the news about independent refiners exporting oil products were reported again and again, such as in mid month gasoline 35,000 mt of Shandong Luqing Petrochemical from Laizhou Port

7-12-2016 10:01:45

Run rate of methanol mounts; slack season of traditional downstream continues

Since June 27, methanol futures moved up significantly and read CNY2,062/mt on July 4. However, methanol futures price slipped greatly from July 5. Through comparing historical data and anal

7-12-2016 09:35:00

Focus on BR market: profit margin being squeezed in July

Although suppliers have up-adjusted BR price of July, the market price still faces obvious upward pressure. With imports arrivals growing in mid-July, the negotiation price focus has tended

7-12-2016 09:29:35

US crude inventory declined in seventh-consecutive-week

According to reports announced by EIA on 8th July, US crude oil inventory declined 2.2million bbl on the week of 1st July, but less than the expectation of 2.6million bbl by Platts. The dec

7-12-2016 09:04:19

Asian refiners cut crude run amid oil products surplus and low profits

Amid the oil products oversupply, the Asian refining margins slid to the 5-year low, and the slowdown economy also depressed the oil demand, forcing the refiners to reduce the crude processi

7-12-2016 08:54:03

Hedging function of iron ore futures looms large

Iron ore futures showed a swing of over 80% in the first half year, mainly put down to the supply-side reform. There is thus a high requirement for iron ore futures hedging among mine

7-11-2016 17:39:02

Libya will resume export crude oil in one week

According to reports from Tripoli on 7th July, Libya will resume export crude oil in a week from its two largest oil port after the conflict between Libya oil guard and Islamist militants.

7-11-2016 16:35:31

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