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Wholesale-retail spreads differ for gasoline and diesel, thin profits to continue

By November 25th (the seventh workday), referential crude oil (Brent, Brent Dtd, Dubai and ESPO) prices averaged $77.398/bbl and change rate read -5.19%; correspondingly, China gasoline and

11-26-2014 14:11:07

Upcoming Ninth Consecutive Fall in Domestic Gasoline & Diesel Market

The eighth consecutive fall came just as predicted on November 15th. Last week, domestic oil product market was filled with negative sentiment as prices of both gasoline and diesel all maint

11-21-2014 10:18:51

International and China LPG supply and Asia demand trend

In November 13, 2014, Doctor Wu Kang, vice president of FGE, gave a speech in 2014 China Petrochemical Industry Annual Conference.

11-20-2014 18:01:34

Mao Jiaxiang: China's oil product demand growth to slow after 2020

China's demand for oil products will falter after 2020 and its crude oil demand is to reach a peak of 700 million mt around 2030, Mao Jiaxiang, the deputy director of the Sinopec Economic Te

11-20-2014 16:43:45

China PTA price to rise

Since late June this year, geopolitics drove a deep drop of international crude oil price. The prices of the downstream naphtha, PX, and PTA fell at various levels.

11-20-2014 16:37:32

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

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