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Comparison on Oil Product Retail Price Adjustment by City

Comparison on Oil Product Retail Price Adjustment by City

July 22, 2015

Bunker spring and climbing BDI

By July 17th, 2015, BDI (Baltic Dry Index) closed at 1,048, was the top of 2015. Consecutive jumps for 11 trading days accumulated the increase range with 30%.

July 22, 2015

China Oil Product Retail Adjustment by NDRC on July 21st

According to National Development and Reform Commission (NDRC), on July 7th (24:00) the gasoline and diesel prices were both cut by CNY265/mt, to CNY6,875/mt and CNY5,900/mt respectively, so

July 22, 2015

NDRC approved nearly CNY900 billion infrastructure projects

In first half of 2015, NDRC has approved infrastructure projects with CNY892.2 billion, released PPP projects with CNY1,970 billion, and HSBB network construction with more than CNY1,100 bil

July 21, 2015

PetroChina held hands with Guanghui Energy

PetroChina’s Gansu Jiuquan Sales Company and Xijiang Sales Company signed the agreement of a strategic partnership with Xinjiang Guanghui LNG Development.

July 20, 2015

Oil products and natural gas operation profiles in first half of 2015

According to NDRC, in the first half of 2015, China crude output totaled at 105.53 million mt.

July 20, 2015

Imported deflation effect reduced with negative growth of PPI

As the main importer of bulk commodities, China experienced a large drop of import volume, and a consecutive negative growth of PPI for 40 months.

July 20, 2015

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