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Oil closing price increased amid the optimistic production reduction

On February 21st, the oil closing price raised underpinned by the optimistic market sentiment toward oil producing countries’ production reduction, although the rebounded USD suppressed th

February 22, 2017

NDRC considers recovering coal-limiting rule after heating period ending

On February 15th, it’s reported the NDRC was considering recovering 276-working day for coal mines’ production from the current 330-working day after the heating season ending in mid-Mar

February 22, 2017

Jinan Refinery is to conduct overhaul, tightening LPG supply

Sinopec Jinan Branch (hereinafter short as “Jinan Refinery”) has been conducting maintenance from February 9th. By February 21st, except for one gas separation unit, other units all stop

February 22, 2017

Liaohe Petrochemical exports asphalt to Thailand

Liaohe Petrochemical exports asphalt to Thailand

February 22, 2017

Saudi Aramco starts base oil business

According to market sources, Saudi Aramco has announced its plan of entering base oil business as part of its endeavor to optimize oil value as well as development refining and chemical busi

February 21, 2017

The battle for Asian oil market shares never stops

OPEC oil countries put down the previous differences, and held together to carry out the production reduction agreement to reduce the oversupply of the oil market.

February 21, 2017

Bunker oil is in upward trend amid multiple bullish factors

Crude oil market is recovering along with the production reduction in OPEC oil producing countries and non-OPEC oil producing countries,

February 21, 2017

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