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Refined products retail price adjustment to be shelved again on December 14th

OPEC extended the production cut agreement to the end of 2018 as expected within this round of pricing cycle, boosting the international oil price to move up.

December 13, 2017

PetroChina Xinjiang found an oilfield with reserve of 1 billion mt

PetroChina Xinjiang found an oilfield with reserve of 1 billion mt

December 13, 2017

Ninglu Petrochemical will build an alkylation unit

Ninglu Petrochemical in Ningxia Hui Autonomous Region will build 200,000 mt/yr styrene project and affiliate untis, including 600,000 mt/yr heavy oil catalytic cracking unit, 200,00 mt/yr dr

December 13, 2017

LPG price rose amid short natural gas supply

Natural gas supply was short against soaring domestic natural gas demand, especially entering heating season in cold winter, amid shifting from burning coal to burning gas.

December 12, 2017

Singapore HSFO market remained stable on Dec 11th

Market source said on December 11th that Singapore high sulfur fuel oil market remained stable.

December 12, 2017

China crude oil import sets the second-highest in November

China crude oil import sets the second-highest in November

December 12, 2017

Imported asphalt accounted for fewer market shares

China domestic asphalt price showed a "M" trend and averaged CNY2,530/mt in 2017. Affected by the concentrated demand and tight supply in November-December 2016, asphalt price kept rising in

December 12, 2017

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