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Oil blending traders benefit from boosting bunker price

Heavy bunker price rallied slightly as continuous increase of crude oil and a jump in China oil product price over the past eight months.

February 11, 2015

NDRC approves constructing crude terminal at Yantai Port

China’s National Development and Reform Commission (NDRC) approved a project on February 9th of establishing a crude terminal at Yantai Port capable of receiving 300,000 mt carriers.

February 10, 2015

Crude gained as supply and demand improved

On February 9th, crude oil price continued to climb dramatically as OPEC raised its demand forecast for 2015 and slashed the oil supply of non-OPEC members.

February 10, 2015

Demand for clean energy remains strong in Asia Pacific

Demand for clean energy looks set to remain strong in Asia Pacific for 2015, despite volatile oil prices.

February 09, 2015

Oil products go lifted amid three consecutive jumps of crude futures

Wth global crude prices diving to below $50/bbl and trapped in fluctuations, Chinese traders started to keep close tabs on the trend of oil market.

February 05, 2015

Shandong teapots run rate moved up slightly

According to JYD statistics on 36 teapots in Shandong province, up to February 4th, the run rate of Shandong teapots CDU was 36.72. up by 1.45 week-on-week. The refinery market was upward as

February 05, 2015

Comparison of Feed Gas in Shandong, 2014-2015

In January, international crude market performed weakly, which put pressure on market mentality constantly. It is hard to change. Deep-processing plants are not active in purchase, causing t

February 04, 2015

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