Oil
According to National Development and Reform Commission, on May 11th (24:00) the gasoline and diesel prices were raised by CNY255/mt and CNY245/mt respectively, so the average retail price o
May 11, 2015
On May 5th, 2015, the twelfth meeting of Central Leading Group of Comprehensive Deepening Reform deliberated and approved five reform schemes.
May 08, 2015
It is reported that the Ministry of Finance plans to increase the added-value tax of natural gas from 13% to 17% and the new tax policy will be implemented from October 1st, 2015.
May 08, 2015
In April, China manufacturing PMI hit 50.1% equaled to previous month’s index, consecutively higher than critical points for two months
May 07, 2015
According to the Office for National Statistics, in March China lubricant output settled at 508,000 mt, with a sharp jump of 29.92% MoM.
May 07, 2015
At the first working day of May, feedstock gas mainstream transaction prices were raised to CNY5,500-5,600/mt. It seems to be a signal of booming market in May. Feedstock gas is predicted to
May 07, 2015
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 was CNY326/mt, CNY194/mt drop
May 07, 2015