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China other teapots run rate decreased to 53.33% amid Zhongjie Petrochemical’s accident

According to JLC statistics from 40 Shandong independent refineries, up to August 16th, 2017, the CDU run rate was 58.54%, up 1.74 percentage points.

August 17, 2017

API: US crude inventory cut scale was greater than expected last week

Report issued by API on August 15th (Tuesday) said that US crude inventory cut scale was larger than expected last week and gasoline inventory increased unexpectedly, while refined oil inven

August 17, 2017

Base oil price is to climb amid tight supply under environmental inspection

Ministry of Environmental Protection of the PRC (MEP) held a ministry meeting, discussed the environmental & economic situation analysis and work in H1 2017 and arranged the work in H2 2017.

August 17, 2017

IEA: Crude inventory could hardly rebalance at the end of 2018

When OPEC and Russia began to tackle global crude oversupply problem, they thought they would succeed in six months. But now it seems that this battle may last for years.

August 16, 2017

Iso-butane market moves upward amid less supply

Iso-butane transaction price rose from middle July to early August as crude price broke $50/bbl, domestic LPG price increased and iso-butane supply decreased.

August 16, 2017

Jinan will supply National VI Standard gasoline & diesel in October

Recently, Jinan municipal government announced that filling stations shall all provide National VI Standard automotive gasoline and diesel since October 1st, 2017 and normal diesel will be p

August 16, 2017

Shaanxi refined product sales rose slightly in July amid bullish news and flat demand

Recently, as Shaanxi Provincial Development and Reform Commission released on its website, in January-July 2017, Shaanxi crude processing volume totaled 9.9986 million mt, down 1.36% year on

August 16, 2017

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