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Crude oil supply between Saudi Arabia and Asia will remain stable in September

As concerned by participants on Friday, the world’s largest crude oil exporter Saudi Arabia would supply full prices crude oil cargos to at least two Asian buyers in September, which flat

August 16, 2016

MTBE market rallied amid multiple good news

Since the begin of August, domestic MTBE market rallied after filled with bearish sentiment. According to JYD, Shandong MTBE prices read CNY4,785-4,850/mt at present, raised CNY350-400/mt or

August 15, 2016

SUVs sales growth props up gasoline demand in China

The latest monthly report of IEA read, in 2016 China daily gasoline demand is expected to reach 2.6 million barrels, increasing 60,000 barrels, or 2.4% on yearly basis. Meanwhile, it said th

August 15, 2016

Lifted feedstock prices narrowed blended oil profits

Recently, continued decline in US Cushing inventory and limited OPEC output expectation have supported oil prices rallied after international crude futures decreased below $40/bbl. Affected

August 15, 2016

LPG market in Northwest China

Amid sluggish economic satiation, LPG price in Northwest China slipped continuously and slowest. LPG price in Yangtze River Area and Henan Province got closer, while LPG price in Northwest C

August 15, 2016

China 4th Batch of Enterprises with the Oil Product Operation Qualifications

JYD learned from Chinese Ministry of Commerce that the fourth batch of 10 enterprises approved the primary audit of petroleum storage and operation qualification had been released, the least

August 12, 2016

Deep processing plants spare no efforts to maintain profit

August 5th-August 11th, gross profit of olefin deep processing moved upward.

August 12, 2016

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