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German's natural gas import from Russia up 68% in May

In May, natural gas purchased by German, Russia’s biggest natural gas consumer in Europe, went up by 68% year on year, said Miller, CEO of Gazprom.

June 18, 2015

Loss of Shandong teapots aggravated to CNY723/mt

This week, based on CNY4,350/mt of Russia M100 spot ex-stockpile price at Shandong market, the loss of processing imported straight-run oil at Shandong teapots aggravated to CNY723/mt, CNY19

June 18, 2015

Shandong teapots run rate nudged down to 43.44%

According to JYD statistics from 36 Shandong teapots, up to Jun 17th, CDU run rate sunk 0.58% against the previous week to 43.44% due to crude price falling and downward diesel price despite

June 17, 2015

As secondary plant was completing, fuel oil output rate shrank to low level

According to JYD, from January to April in 2015, fuel oil output was 7.945 million mt, dropping 6.5% YoY, while crude processing volume was 170.517 million mt, 4.9% increasing YoY, with fuel

June 17, 2015

Bearishness weighs on the domestic oil product market

The bearish sentiment dragged down the crude price after the consecutive rally on June 9th and 10th, leading to the change rate shrinking.

June 17, 2015

North China bunker fluctuated in low level with limited flow of blended margin

Recently, North China bunker prices traced a down-and-flat line amid widely fluctuated global crude. Blended oil cost fluctuated narrowly because of stable blended feedstock.

June 17, 2015

Three important fields gained support policy packages amid monetary controversy

The State Council released policy packages to investment, consumption, import and export fields on June 10th, 2015, including revitalizing financial surplus funds, supporting cross-border e-

June 16, 2015

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