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Oil hits five year low, emerging stocks hammered

Oil hits five-year low, leads commodities rout Rouble, ringgit among emerging FX hurt by oil Europe shares fall, hit by oil firms, miners Moody's cuts Japan's credit rating

December 02, 2014

01 December 2014 - Pakistan negotiates with Qatar on LNG supply as of 2015

Pakistan is holding talks with Qatar to start LNG imports from the Emirate as early as 2015. The first LNG regasification terminal of the country, a 5.1 bcm/year

December 02, 2014

28 November 2014 - OPEC and Russia likely to maintain oil output level despite price fall

OPEC members have met to discuss crude oil production levels as oil prices have plummeted and reached a four-year low since September 2010, at US$75.75/bbl for Brent. The bulk of OPEC countr

December 01, 2014

Main refineries decrease overhauls, processing volume to edge up in December

In November 2014, crude oil processing volume of PetroChina and Sinopec totaled 32,040,000 mt. The daily processing load jumped 2.34% year on year.

November 26, 2014

Wholesale-retail spreads differ for gasoline and diesel, thin profits to continue

By November 25th (the seventh workday), referential crude oil (Brent, Brent Dtd, Dubai and ESPO) prices averaged $77.398/bbl and change rate read -5.19%; correspondingly, China gasoline and

November 26, 2014

Upcoming Ninth Consecutive Fall in Domestic Gasoline & Diesel Market

The eighth consecutive fall came just as predicted on November 15th. Last week, domestic oil product market was filled with negative sentiment as prices of both gasoline and diesel all maint

November 21, 2014

International and China LPG supply and Asia demand trend

In November 13, 2014, Doctor Wu Kang, vice president of FGE, gave a speech in 2014 China Petrochemical Industry Annual Conference.

November 20, 2014

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