Oil
International crude oil price kept increasing recently due to OPEC's output cut and geopolitical factors. Later, the price moved sideways amid profit taking sentiments as US crude output and
November 15, 2017
The theoretical processing light offshore crude profit of independent refineries reached CNY477/mt, down CNY54/mt week on week as refined products’ sales revenue increased greatly amid the
November 15, 2017
According to JLC statistics from 41 Shandong independent refineries, up to November 15th, 2017, the CDU run rate was 65.57%, up 0.24 percentage point week on week as China Oversea Energy res
November 15, 2017
China domestic refined products market was in upward trend since August 2017, and the trading was very active. Particularly, diesel supply became tight amid the bullish trend since September
November 15, 2017
Dimethyl ether supply increased slightly in the week of November 8th. The continuous fallings of price amid former oversupply in Sanmenxia resulted in end-user purchases.
November 14, 2017
Xinhua News Agency reported that China-Russia crude pipeline second line project was finished on November 12th, which means that this 941.8 kilometers pipeline meets the condition to transpo
November 14, 2017
Bunker price in East China kept rising in November. On one hand, international crude price rose amid the expectation that output cut deal would be extended. Chemical price and oil blending f
November 14, 2017