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LPG imports of Northwest China in 2017 decrease from 2016

According to customs data, China LPG imports totaled 16.857 million mt up to November 2017 with 171,900 mt imported by Northwest China, down 2.99% YoY. Despite large geographical range, ther

January 16, 2018

Domestic gasoline prices surge on new tax regulations

Gasoline prices in the Chinese market have surged this month, largely because of the country’s new regulations over the levy of consumption taxes on refined oil.

January 16, 2018

Gasoline price to rise amid booming crude market

Global crude market saw bullish news recently, as US active rig counts declined during the week ended January 12th, EIA raised its expectation of global crude demand growth rate in 2018

January 15, 2018

Blended bunker oil margins shrink over higher cost

The theoretical blending cost for low-sulfur low-metal 180CST bunker oil rose by CNY76/mt to CNY3,213/mt, and the margins shrank by CNY22/mt WoW to CNY153/mt against the feedstock cost going

January 15, 2018

Ethanol gasoline to be popularized in 2020

Ethanol gasoline will be popularized nationwide in 2020, and the market is paying more attention to ethanol gasoline. Under the circumstances the policy direction has already been clear, how

January 15, 2018

Hengyuan Petrochemical relocation plan comes out

Recently Hengyuan Petrochemical disclosed in its 2017 annual work summary that the relocation plan of Hengyuan has been confirmed and adjusted finally, with the core of catalytic cracking an

January 15, 2018

CEFC & Rosneft's 5-year oil supply contract to come online

Starting from January 1st this year, Russian Rosneft will supply China CEFC Energy Co., Ltd with a estimated total volume of 60.8 million mt of crude oil within five years.

January 15, 2018

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