Oil
Supply: 1,950,000 mt from domestic refineries and 950,000 mt from overseas suppliers are expected due to few turnaround plans and low import prices.
August 05, 2015
According to National Development and Reform Commission (NDRC), on August 4th (24:00) the gasoline and diesel prices were cut by CNY220/mt and CNY215/mt respectively, to CNY6,655/mt and CNY5
August 05, 2015
On Monday, August 3th,Nymex crude price finished 4.14% lower at $45.17, down by $1.95, while Brent curde price ended up with 5.2% lower at $49.52, down by $2.69, due to news like negative fo
August 04, 2015
China Petroleum and Chemical Industry Association (CPCIF) claimed on July 29th that Yatong Petrochemical was qualified for using import crude 3.36 million mt/yr.
July 30, 2015
This week, based on CNY4,100/mt of Russia M100 spot ex-terminal barge price at Shandong market on July 29th, the loss of processing imported straight-run oil at Shandong teapots was up to CN
July 30, 2015
According to JYD statistics from 37 Shandong teapots, up to July 29th, CDU run rate inched down by 0.65% to 41.24%.
July 30, 2015
The main refineries’ margins following declined oil product price shrunk, but it was higher than the previous year’s.
July 30, 2015
