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International crude futures fell back shocked refined oil market

As of middle June, international crude futures fell back to around $50/bbl. According to JYD as of 15th June, Shandong 93# blended gasoline was average at CNY4,572/mt, down CNY28/mt than in

6-16-2016 11:54:01

Iran crude export to 2.31 mln b/d in June a 4-1/2-year high

It’s reported, in June the crude export of Iran would reach the high level in four and a half years, as the export volume to Europe had recovered to the level before economy sanction.

6-16-2016 11:38:30

Why did xylene market mount rapidly?

Recently, domestic xylene market shows active as a whole. By closing on the weekend, market quotation of xylene in East China mounted rapidly to CNY5,170-5,190/mt and CNY5,200-5,280/mt (Isom

6-16-2016 11:24:43

NEA: China social electricity consumption up by 2.1% in May 2016

According to the National Energy Administration (NEA), China’s social electricity consumption amounted to 473 billion KWH in May 2016, with a yearly growth of 2.1%.

6-16-2016 11:16:46

Despite slack season of LPG, import volume keeps at high level

According to JYD, import volume of LPG in the first half of June in South China reads 313,000 mt, down 5% from H1 May. Despite slack reason for LPG consumption in summer in South China, oper

6-16-2016 10:50:20

Datong Gas divests retail to focus on urban pipeline natural gas

Sichuan Datong Gas Development Co., Ltd (Datong Gas) announced to possibly halt all retail businesses under its subsidiary Chengdu Hualian, marking the listed company will shift its main bus

6-16-2016 10:33:04

Shaanxi oil products output & sales plunged in May

NDRC of Shaanxi Province reported that, in May the crude run, oil products output and sales all reduced sharply.

6-16-2016 10:24:34

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