Oil
Approaching the Spring Festival, LPG transactions in China turned weak. However, low inventory level contributed to strong confidence among most enterprises.
February 26, 2015
China’s National Development and Reform Commission (NDRC) released the Notice of Import Crude Oil Usage Management recently which addressed the issue of crude supply for teapots.
February 25, 2015
Weak crude prices and rising liquefaction capacity in 2015-2016 are likely to lead to lower Asian liquefied natural gas prices in the second half of 2015.
February 25, 2015
Having been sparked by rebounding crude futures around the globe, China oil product prices ended downtrend and marked the first rise over the past six month.
February 16, 2015
Since late January, global crude futures have bounced back in spite of a few fluctuations. Correspondingly, wholesale prices of gasoline and diesel in China have been spurred to shoot up.
February 15, 2015
According to JYD statistics on 36 teapots in Shandong province, up to February 11th, CDU run rate settled down 1.64% to 35.08% week-on-week due to swooning market activity.
February 12, 2015
China’s National Development and Reform Commission released on February 9th that retail prices of gasoline and diesel would be lifted by CNY290/mt and CNY280/mt respectively, or CNY0.21/li
February 11, 2015
