Oil
Recently, Statoil changed the current method of seeking for crude purchaser for several batches of Western African crude shipments, and the traders said this change was aiming at competing f
March 14, 2016
IEA read in its newest monthly report, by the end of 2015 China had passed Germany to be the largest crude importer for Russia.
March 14, 2016
BMI Research released the report, in 2020 China crude oil imports would reach 7.8 million barrels from 6.9 million barrels the estimation in this year.
March 11, 2016
The deputy of the National People’s Congress and Sinopec Beijing Oil Products Company general manager Chen Liguo said the national refining capacity was already glut seriously, and in 2000
March 11, 2016
CNOOC Ningbo Daxie Refinery pointed that, the newly-constructed refining units with 12 million mt/yr would be put into operation in early 2016 or in May.
March 10, 2016
In March, domestic biodiesel market remained bleak amid bullish crude. Blending traders preferred to low-cost catalyzed or nonstandard diesel, which weighed on weak biodiesel market.
March 10, 2016
The NDRC data showed, in January the oil product consumption settled down by 2.9% MoM to 22.09 million mt, gasoline growth with 13.2% MoM and diesel decline with 16% MoM. In 2016, the gasoli
March 10, 2016
