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Oil closing prices rise amid market optimistic mood growth

Oil closing prices hiked as the optimistic mood about non-OPEC oil producers may agree to cut output after OPEC reaching the production reduction deal heated up on December 8th (Thursday).

December 12, 2016

The surging oil price raised not only gladness but also bitterness

The surging oil price raised not only gladness but also bitterness

December 12, 2016

China finds the first 1-billion-mt large oilfield

According to the news, CNPC found an oilfield with reserve scale reaching 1 billion mt---Nanpu Oilfield in Bohai Bay in the east of Hebei Province, which was the most exciting discovery in h

December 12, 2016

More storage at Qingdao Port led to slightly higher inventory in Shandong

More storage at Qingdao Port led to slightly higher inventory in Shandong

December 12, 2016

Imported LPG market will be underpinned by rigid demand

New about agreement on cutting crude production by OPEC will push up crude price further.

December 12, 2016

Shipping market in Northeast China

In China, gas plants transport their products by expressway, sea, railway and pipelines from one place to another. In Northeast China, gas is mainly transported by expressway and sea. Only f

December 12, 2016

China gasoline export volume continued rising in October

China gasoline export volume continued rising in October

December 12, 2016

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