Oil
China domestic asphalt output increased in 2017. The asphalt output of Sinopec, PetroChina and independent refineries continued to increase slightly on a yearly basis. Among the above mentio
December 08, 2017
China domestic asphalt is mainly applied in road construction, waterproof membrane, coking material and bunker, in which road construction proportion amounted to around 85%.
December 08, 2017
C5 petroleum resin has met its off-peak season since November. Profits for plants kept decreasing due to lower price amid limited orders. In December, pentadiene price rose highly due to hig
December 07, 2017
News that China has set a targeted timeline to roll out the use of ethanol in gasoline for motor fuels nationwide before 2020.
December 07, 2017
Overall, refueling stations need to offset losses made in diesel sales by expanding sales of gasoline.
December 06, 2017
Refined product retail price adjustment was shelved due to the limited crude price change rate. Crude price rose greatly first as US crude inventory declined.
December 06, 2017
Since October, it has been hard for oil blending traders to make profits, though obvious growth in blended oil prices sparked speculation activities.
December 06, 2017
