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Over 120 long-distance oil and gas pipelines completed water tests

On July 19th, Sinopec Long-distance Oil and Gas Pipeline Test Co., Ltd. (the Test Company) has finished the test of more than 120 pipelines going through rivers, so as to provide technologic

July 20, 2017

Gasoline and diesel import arbitrage both decreased amid price gain of Singapore oil products

According to JLC import and export arbitrage data, gasoline and diesel import arbitrage both decreased on month in the first half of July. Domestic gasoline and diesel market was strong in t

July 20, 2017

International crude oil price rose on July 19th

According to the statistics released by Energy Information Administration (EIA) on July 19th, the U.S. national commercial crude inventory declined 4.7 million barrels to 490.6 million barre

July 20, 2017

The overhaul of Dagang Petrochemical completed

On July 14th (10:54), the oil spout of the catalytic cracking unit in Dagang Petrochemical (PetroChina) completed, which marked the success of the first running of the unit in the third unit

July 20, 2017

"Crude and Oil Product Circulation Management Approach” has begun to seek public opinion

At last, the “Draft” points out that if the " Crude and Oil Product Circulation Management Approach ” can carry out successively, “Oil Products Market Management Approach" and "Crude

July 20, 2017

Bunker oil blending profits in South China declined with the rising of blending cost

The bunker oil market is likely to rise in recent days due to the higher prices of crude oil and feedstock. As is known, high sulfur 180CST in South China EXW price settled at CNY2,850-2,900

July 20, 2017

D-series solvent oil price rose mildly amid the tax rumor of crude white oil

Crude white oil tax-free policy has been implemented since March 2016, standardizing the industry, greatly reducing the tax costs of the white oil industry, and reducing the cost of the D-se

July 20, 2017

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