Oil
China import crude in June settled at 30.62 million mt, down by 5% MoM and up by 3.8% YoY. In January-June, the total export settled at 0.14 million mt, increasing by 250% YoY.
July 27, 2016
According to one insider from De Paul Road, isomerization unit of the company was in outage from July 25 for one-month maintenance. The plant had stopped purchasing etherified C4. Inventorie
July 27, 2016
Argentina minable shale oil reserves are expected to be 27bn bbl, shale gas and shale oil accounted for third and fourth place in the world. At present Argentina is focused on shale oil and
July 26, 2016
According to reports by Reuters, oil prices dropped 4% in this week, which caused by the four-consecutive-week rose on US active drilling rigs and concerns of global crude oil oversupply.
July 26, 2016
Michael Cohen from Barclays said in the report that, it’s predicted that the petroleum demand from China and India would help Brent price rally to $50/bbl in the fourth quarter from $45/bb
July 26, 2016
In June, China’s throughput in above-scale ports was 998.76million mt, up by 0.4% YoY and growth slowed 2% MoM. Costal port accounted for 680.2million mt, which has kept par compared with
July 26, 2016
Emergence of international LPG trade results in prosperous VLGC leasing market and shipbuilding industry. However, plunge of crude price in 2015 and many newly-built VLGC made freight slip f
July 26, 2016
