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China crude demand in August rose 10%

Platts released the research on China official data and it showed that in August China crude apparent demand settled at 11.19 million barrels per day, up by 10.2% YoY.

October 13, 2015

Tong Oil Tools purchases U.S. Cutters

On October 9, Tong oil Tools hold a conference on material assets reorganization project.

October 13, 2015

High cost trims profits of deep-processing plants

This week, olefin deep processing units were reported of meager profits. According to JYD, net profits of alkylate units were averaged at CNY244/mt, up 1.7% from last week.

October 12, 2015

TPP has limited impact to China in short term

On October 5th, 2015, US standard time, 12 negotiating nations of Trans-Pacific Partnership Agreement (TPP) accomplished basic agreement in US Georgia State about free trade among member cou

October 10, 2015

RMB Cross-Border Interbank Payment System was officially implemented online

On October 8th, 2015, the I-stage China RMB Cross-Border Interbank Payment System (CIPS) was implemented online successfully by PBC,

October 10, 2015

China investment to Belt-and-Road countries Jan. to Aug. increased by 48.2%

According to China Commerce Department, from January to August, 2015, China direct investment to Belt-and-Road countries totaled at 10.73 billion dollars,

October 09, 2015

Down adjustment of non-OPEC crude supply

Down adjustment of non-OPEC crude supply

October 09, 2015

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