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Domestic oil products price was stable to inch down

According to the data issued by China Online Information, up to June 16th, domestic oil products price index was 633.82, felling by 0.12%.

June 21, 2017

Hopelessly, MTBE transaction price continued falling

In this Monday, domestic MTBE transaction price fell again. In Shandong market, the transaction price fell to CNY4,850-4,900/mt, and the price cut scope in Northeast China and South China re

June 20, 2017

Teapots long for oil product export right under oversupply situation

As filling stations offered substantial discounts, profits of teapots were pressured. Private filling stations have become hotly contested spots therefore.

June 20, 2017

Price competition of oil products is the bonus of breaking monopoly

It is reported that price competition of oil products has started from April and has spread in many provinces such as Shandong, Henan, Zhejiang and Guangdong, where substantial discounts hav

June 20, 2017

LPG importers are in great losses

June CP kept same with May CP, failing to bring support to imported LPG market in China. On the contrary, high cost of importing LPG and falling price of selling imported LPG to domestic mar

June 20, 2017

Run rate of teapots kept high under oil products oversupply

Since the downward adjustment on June 9th, international oil price fluctuated. NYMEX light crude oil futures to be settled in July closed at $44.74/bbl; however, the price index of China oil

June 20, 2017

Oil price declined 1% to the lowest of seven months

According to Reuters, the oil price fell by about 1% to the lowest of seven months as market participants observed more signs that crude output growth in the U.S., Libya and Nigerian offset

June 20, 2017

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