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East China price index of LPG & LNG in equal calorific value

Function of LNG in residential, commercial and industrial field is the same with LPG. As residential pipeline of LNG and LPG is irreversible, alternate of function is irreversible too. Howev

December 24, 2014

US crude oil trimmed gains amid no cutting be made in Saudi Arabia

On December 22th(Monday), upward momentum of US crude oil slowed because Saudi Arabia won’t cutting oil output to prop up oil price.

December 22, 2014

An export tariff cut to 3% hard to revitalize coal market

It is reported that China will cut coal export tariff to 3% from 10% as of January 1st, 2015. Insiders interpreted the cut reduction as another measure the government takes to aid the coal m

December 18, 2014

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

December 17, 2014

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

December 17, 2014

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

December 17, 2014

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.

December 17, 2014

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