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Marine crude margins was down to CNY520/mt

Marine crude margins was down to CNY520/mt

December 01, 2016

Landbridge restart pushed up the run rate to 55.82%

Landbridge restart pushed up the run rate to 55.82%

December 01, 2016

International oil prices boom over 8% amid OPEC reaching the production reduction deal

OPEC ministerial conference was held in Vienna on November 30th and all parties reached the production reduction deal in the end, which boosted oil prices hike. An insider said oil prices wo

December 01, 2016

NDRC raised oil products retail prices for the eighth time

The new round of price-regulation window of oil products was opened at 24:00 on November 30th. Many organizations predicted that oil products prices might be raised, which was the eighth rai

December 01, 2016

Russia has replaced Saudi Arabia as China's largest oil supplier

On November 25th (Friday), according to China customs data, Russia was stabilizing his position of China’s major oil supplier. Russia has replaced Saudi Arabia and became China's largest o

November 30, 2016

Vessels emissions control will be implemented in Bohai four ports since 2017

Hebei Province will inspect all the vessels-used oils parked on the important ports since January 1st, 2017. The vessels will be punished if they used the fuel oil that sulfur content surpas

November 30, 2016

Oil closing prices rise on OPEC's final efforts to save the deal

Oil closing prices rose underpinned by OPEC members’ final efforts though OPEC’s experts did not reach an agreement about the details of production-cutting deal on November 28th (Monday)

November 29, 2016

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