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Shaanxi LPG market in early July

After finishing maintenance, Xianyang Additives finally supplies products normally on July 4th. Despite less satisfying quality, users purchase actively.

July 06, 2016

China crude inventory growth slows down

As the storage capacity is closing to full load, China crude inventory growth is slowing down. China crude inventory increase was the main impetus for global petroleum demand growth.

July 05, 2016

Russia crude export to hit new high in 2016

Russia crude export is expected to hit a new high record. After Iran return to the crude market, Russia and Iran is competing in crude market both in Europe and Asia.

July 05, 2016

Another alkylation unit operates in Shandong

After long-time preparation for feedstock, alkylation unit of Shandong Xingze Chemical has operated successfully in recent days.

July 05, 2016

China COSCO buys 67% of Piraeus Port in Greece

Recently, the Greek government finally agreed to sell 67% shares of Piraeus Port to China COSCO, and the port is the largest port of Greece.

July 05, 2016

China oil products continued to be pressed amid flood disaster

The market fears on Brexit continued to hit the crude futures, and then the labor strike in Norway and a sharp reduction of American crude inventory stimulated the oil market.

July 05, 2016

Morgan: China crude strategic reserve closes to be filled in fully

An analyst from Morgan Chase said in a research report that, amid the crude future plunging in recent years, since the early of 2015 China took advantage of the low crude price to accelerate

July 05, 2016

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