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Gains from Processing Shengli Crude Shrink amid Bearish Downstream Market

According to JYD, profits of refining Shengli Oilfield-originated crude oil by Shandong teapots shrank CNY117/mt on-week to CNY142/mt. The shrinkage mainly resulted from continuous drops of

11-20-2014 09:38:38

Hope Dims for OPEC Output Cut, Crude Oil Futures under Pressure

On November 18, global oil market was of adequate supply and Goldman Sachs reported OPEC output cut was not in the interest of its members, putting oil prices under more pressure and driving

11-19-2014 17:46:18

Russia to cut crude oil export tariff from Dec

Russia will lower crude oil export tax to $277.5/mt as of Dec 1st, 2014, down 12.4% from the previous $316.7/mt.

11-18-2014 16:24:15

China Industry Data Unsound, Crude Oil Market Flagging

On November 13, crude oil market moved down further against the background of unsound China industry data as well as the wait for EIA's report on crude oil stocks.

11-17-2014 09:18:43

Increasing Rate of PE Demand Slows Down

Increasing rate of PE supply may slows down to optimize the supplying structure

11-13-2014 17:52:34

QHD Coal Inventory Rose to 5.5 mln mt on Flat Shipment

Coal stockpiled at Qinhuangdao Port, a major transfer port of coal, has rebounded recently, as inbound supply from coal-dedicated Daqin railway returned to normal, while outbound shipment st

11-13-2014 16:40:10

Vietnam Eyes Chemical Fertilizer Imports from China

The imported Urea and NPK have imposed excessive pressure on those made in Vietnam, partly resulting from China lowering the tariff of that kind of products to Vietnam, VnExpress reported on

11-10-2014 17:52:58

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