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China's petroleum demand slows in the 'New Normal'

China's petroleum demand growth will slow down, as China transitions toward a slower the "newnormal", but crude oil import will continue to grow, said Chen Bo, president of China Internation

March 26, 2015

China vows to scaled-back coal industry

The National Energy Administration (NEA) vowed on Wednesday to continue scalingback the coal industry in a drive to encourage use of renewable energy.

March 26, 2015

Retail market: weak sales & strong sentiments

This week, after the reveals of blended gasoline on March 15th, LPG price turned to a downward channel.

March 20, 2015

Social Inventory: unfavorable factors was dominating

Recently, the illegal production of methylal –contained blended gasoline in Shandong was revealed on March 15th, the International Consumer Rights Day.

March 20, 2015

China teapots' fate to diverge if crude oil import rights are opened

The development of the teapots will polarize: some powerful large and medium-sized private refineries will be increasingly strong, while the small teapots might risk being merged or going ba

March 16, 2015

China's crude oil storage to gain speed in 2015

Surging energy consumption and low global crude oil prices will accelerate China’s crude oil storage, which is related to the country’s energy security

March 12, 2015

Retail market: mixed trends

Intensive geopolitical issues and declining number of wells in U.S. powered LPG market. International crude futures price hit several high spots for recent days.

March 12, 2015

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