Oil
China's demand for oil products will falter after 2020 and its crude oil demand is to reach a peak of 700 million mt around 2030, Mao Jiaxiang, the deputy director of the Sinopec Economic Te
November 20, 2014
According to JYD, profits of refining Shengli Oilfield-originated crude oil by Shandong teapots shrank CNY117/mt on-week to CNY142/mt. The shrinkage mainly resulted from continuous drops of
November 20, 2014
On November 18, global oil market was of adequate supply and Goldman Sachs reported OPEC output cut was not in the interest of its members, putting oil prices under more pressure and driving
November 19, 2014
Russia will lower crude oil export tax to $277.5/mt as of Dec 1st, 2014, down 12.4% from the previous $316.7/mt.
November 18, 2014
On November 13, crude oil market moved down further against the background of unsound China industry data as well as the wait for EIA's report on crude oil stocks.
November 17, 2014
The imported Urea and NPK have imposed excessive pressure on those made in Vietnam, partly resulting from China lowering the tariff of that kind of products to Vietnam, VnExpress reported on
November 10, 2014
According to JYD, gasoline and diesel prices are estimated to drop CNY80-100/mt in the new session of price adjustment starting on early November 15.
November 10, 2014