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Bunker market is trapped except 4# bunker

According to JYD, due to shrinking consumption, slower sales, insipid end demand and weakened coastal bulk cargo transportation, bunker market is met with an awkward situation nowadays.

May 19, 2015

Analysis for DME Arbitrage in May 15th-19th

Downstream mostly took wait-and-see attitude in purchasing due to weak demand and inventory pressure. DME producers are still in lack of profit because of high-cost feedstock

May 18, 2015

Which refinery will the crude import right belong to?

China Petroleum and Chemical Industry Association (CPCIF) formulated the detailed rules to verify and estimate the petrol-consumed plants, especially the local refineries applying for crude

May 15, 2015

Huge demand of coal-made gas

National Energy Administration officially issued the “Plan on Clean and Effective Use of Coal (2015-2020)” (Hereafter referred to as the plan) on May 5th and proposed to strategically pr

May 15, 2015

Cheniere Energy starts to construct the second LNG export project

Cheniere Energy has started to construct the second LNG export project in Corpus Christi, Texas.

May 15, 2015

Limitid positive factors for feed gas demand

The total inventory was at about 30% in south China before May 17th. In North China, feed gas price turned to be stable with price below RMB4,000/mt. And the total inventory was at around 30

May 15, 2015

Shengli crude margin in Shandong teapots went down to CNY201/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 CNY380/mt, up CN

May 14, 2015

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