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Singapore bunker oil Turnover down in September

Singapore bunker oil sales turnover achieved 3.85 million mt in September, down 10.3% MoM and up 9.3% YoY.

October 20, 2015

Crude import right boosts the teapots capacity

Up to October, JYD data showed that, the total refining capacity in China has reached 785 million mt/yr, and the teapots’ capacity settled at 250 million mt/yr, accounting for 32% of the t

October 20, 2015

China natural gas pricing reform targets opening

The State Council, China’s cabinet, released Opinions on Promoting Price Mechanism Reform, requiring to speed up liberating of natural gas sources and sales prices, and to set natural gas

October 20, 2015

Sinopec supplies National V Standard oil products to Hainan

Since October 20th, Sinopec has begun to supply National V Standard gasoline and diesel to 287 petroleum stations in Hainan, 72 days earlier than the national requirements.

October 20, 2015

Crude glut is over 500 million barrels in the first three quarters

The data gathered by Reuters showed that in the first three quartersthe crude supply of crude export giants was 500 million barrels higher than the demand volume.

October 20, 2015

BDI fall hurts China bunker market

By October 14th, BDI declined to 787 points from 978 points in late September, down by 20%,the lowest level for any October since 1986.

October 20, 2015

China LPG importers eye a good chance as overseas suppliers scramble for market shares

Though China’s LPG import volume from Iran has not yet seen a notable increase since the lift of sanctions, market participants believe that Iran’s supply of LPG will rise largely and ta

October 19, 2015

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