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Diesel exports kept high; natural gas imports jumped up 31%

The data from the General Administration of Customs of PRC showed, as the largest energy consumption country worldwide, in April China exported diesel 1.24 million mt, down slightly from 1.2

May 23, 2016

Diesel imports slumped in China in April

Diesel imports slumped in China

May 23, 2016

Activity in fuel oil moving in and out adjusted fuel inventory in East China

According to JYD concerned from East China oil depot, on 19th May, fuel oil business inventories in East China totaled 905,000mt which in the total capacity of 60.74%, down 25,000mt WoW.

May 23, 2016

Three enterprises acquired the interest subsidy of oil products upgrade

Shaanxi Yanchang Petroleum, North Huajin Chemical Industry Group and Hebei Xinhai Chemical Group applied for the subsidized loan and interest subsidy of oil products quality upgrade projects

May 23, 2016

Natural gas faces big threat from oil products in vehicle areas

Over the long term, oil prices will stay at a low level. Goldman Sachs predicted that crude prices would not bounce back to $60/bbl until the fourth quarter of 2017. It means oil product wil

May 23, 2016

LPG price rebounds sluggishly; PDH unit may support propane price

After 2016 Spring Festival Holiday, LPG price and crude oil price has declined to the lowest level in recent years.

May 23, 2016

Beijing eliminates motors with National I & II Standard during 13th Five Year Plan

On May 19th, on the 13th Five Year Plan public lecture about situation and policy, Beijing will basically eliminate heavy-duty diesel with National III Standard and light bus with National

May 20, 2016

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