Oil
Since December 2015 America removed the 40-year crude export ban, America crude exports to the world except Canada increased by 700%.
June 21, 2016
Against slack season of demand, refineries in China are in outage for maintenance intensively, which cuts much pressure on the sluggish market.
June 21, 2016
China Petroleum and Chemical Industry Federation (CPCIF) claimed that Wudi Xinyue Chemistry was qualified for using import crude 2.4 million mt/yr after the publicity.
June 21, 2016
Hebei oil depot project with 300,000 cbm is located in Tangshan City Caofeidian Chemical Industry Park, and invested by Tangshan Bohai Petroleum Refining Company with 1,250 million yuan, wit
June 21, 2016
On 17th June, naphtha crack spreads were settled at $53.83/mt in Asia light distillate oil market because of the less supply of Western naphtha arbitrage cargo.
June 20, 2016
As the sanction lifting of Iran in February, the global crude oil had felt the competition pressures of Iran.
June 20, 2016
BMI reported that, China crude import pace might slow down as the domestic gasoline supply glut intensified continuously.
June 20, 2016