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China's SOE profits post milder decline

China's state-owned enterprises (SOEs) posted a milder decline in profits in the first half of this year as the economy showed signs of stabilization, official data showed Monday.

July 26, 2016

China's crude oil output drops in H1

China's crude oil output dropped 4.8 percent year on year to 100.45 million tonnes in H1, according to the National Development and Reform Commission (NDRC).

July 26, 2016

Brent falls below $45 as short positions rise

Brent crude, the international oil marker, has fallen below $45 a barrel for the first time since May as data showed hedge funds adding to wagers on falling prices.

July 26, 2016

China oil giants’ jet fuel EXW price would slide in August

According to JYD, during June 25-July 24th, the jet fuel average price in Singapore settled at $55.85/bbl, down by $2.62/bbl and the tax-paid price of jet fuel CIF was CNY3,618/mt

July 26, 2016

Shandong teapots’ crude oil imports accounted 1/10 of total in H1 2016

According to Shandong Provincial Department of Commerce, Shandong teapots imported 15.61million mt crude oil in H1 2016, according to the General Administration of Customs announced in H1 of

July 26, 2016

China oil products AC suffered decline in H1; export adjusted the structure

In the first half year of 2016, China oil products (including gasoline, diesel and kerosene) output totaled 170.43 million mt, increasing 2.47% YoY.

July 25, 2016

Saudi Arabia returned to the largest crude oil supplier to China

According to reports by the Arabic news network, Saudi Arabia replaced Russia returned to the largest crude oil supplier to China in June as the world’s largest crude oil supplier.

July 25, 2016

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