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Crude price slumped as EIA said US shale oil output would surge in September

On August 14th (Monday), crude closing price slumped as National Bureau of Statistics of the PRC (NBS) statistics showed that China crude processing volume recorded the biggest seasonal decl

August 15, 2017

Gasoline & diesel market is hardly to move up

Worry about oversupply is eased as US crude inventory continued declining due to strong demand, although US crude output kept rising.

August 15, 2017

MTBE unit of Hebei Xinxinyuan conducted maintenance amid malfunction

MTBE unit of Hebei Xinxinyuan conducted maintenance amid malfunction

August 15, 2017

Bullish refined products market came amid environmental protection inspections

According to the recent price trend of refined products, a wave of price hike came again. In this week, refined products price continued to rise in Shandong independent refineries.

August 14, 2017

Propane prices rise significantly amid bullish sentiment

Propane transaction price rose significantly as August CP for propane was higher from July and LPG market continued to move upward. August CP for propane read $420/mt, up by $75/mt from July

August 14, 2017

Crude price inched up due to short covering

On August 11th (Friday), short covering activities and falling US dollar caused by weak CPI data made crude price inch up.

August 14, 2017

Jiuzhaigou Earthquake influence on solvent oil market

According to the measurement of China Earthquake Networks Center (CENC), 7.0 earthquake (epicenter 33.20°N, 103.82°E) with focal depth of 20 km occurred to Jiuzhaigou County, Aba Prefectur

August 14, 2017

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