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BR price in June to continue declining amid intertwined bearish and bullish factors

Comprehensively speaking, domestic BR market in June will show a downtrend under the influence of intertwined bearish and bullish factors.

6-14-2016 14:40:51

More demand promoted naphtha crack spreads in Asia

On 10th June, naphtha crack spreads were settled at $45.68/mt in Asia light distillate oil market.

6-14-2016 14:33:48

Steelmaker production limitation intensifies in Tangshan

Production restriction at steelmakers in Tangshan seems intensifying after the Dragon Boat Festival holiday. Guofeng Steel, Lugang Steel and Jinxi Steel alike informed their clients that the

6-14-2016 14:30:56

Haiyou Petchem was granted to import crude

China Commerce Department released that it had checked the application materials about crude import qualification for non-state trade of Haiyou Petrochemical Group, and after the check the d

6-14-2016 14:00:31

China section of the "Power of Siberia" Natural Gas Pipeline about to start construction

The China section of the “Power of Siberia” Natural Gas Pipeline will start construction in June, 2016. The $70 billion worthy of project is Gazprom’s ever largest project, Wang Yilin,

6-14-2016 11:08:55

Sinopec accelerates its distribution on imported LNG

It was learned by JYD that Hudong-Zhonghua Shipbuilding delivered 172,000 cubic meter LNG ship Kumul to MOL on April 29th. Then Kumul was registered in Hong Kong. It arrived at Port Moresby,

6-14-2016 10:48:21

Overcapacity in China’s refining industry fuels diesel exports

According to data from China Petroleum Economics & Technology Research Institute, China’s total oil refining capacity reached 710million mt by the end of last year.

6-14-2016 10:24:05

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