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Excessive gasoline inventory in China drags down prices continuously

Apart from the highly expected “ten consecutive drop”, excessive gasoline inventory has become a focal point recently in China oil product market.

12-18-2014 10:49:51

China to properly cut coal export tariff in 2015

A proper cut will be made for coal export tariff on the basis of the supply and demand relation

12-17-2014 17:39:58

Depressed Recycled Plastics Industry

Recycling Committee of China Plastic Processing Industry Association stated that crude oil plunge and credit crunch is imposing unprecedented pressure to recycled plastics market in China.

12-17-2014 14:38:12

Indonesia slashes coal production target for 2015

The Indonesian Coal Mining Association has asked multiple coal mining groups to cut their production by a total 100 million mt in 2015, in order to mitigate the global supply glut and boost

12-17-2014 11:48:28

Global coal demand to reach 9 billion mt per year by 2019

Global demand for coal over the next five years will continue marching higher, breaking the 9-billion-tonne level by 2019, the International Energy Agency (IEA) said in its annual Medium-Ter

12-17-2014 10:58:54

Oil bottom? Mid-$50s should do it: Ex-Gulf Oil CEO

U.S. crude hit 5 ½-year lows early Monday with signs that oil prices may have just about bottomed, said Joe Petrowski, former CEO of Gulf Oil.

12-17-2014 10:44:36

US bunker prices hit a 5.5 year low on weak Brent, Demand

High and low sulfur bunker fuel at nearly every US and Canadian port assessed by Platts dropped to more than five-year lows Monday amid declining Brent prices and weak buying interest, trade

12-17-2014 10:34:51

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