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LPG demand still affects the market fundamentally

LPG price in Northwest China still kept firm. Although LPG price in Shaanxi, Gansu and Ningxia maintained abundant arbitrage with that in Luoyang, Henan Province, the price spread with Yangt

May 19, 2017

Dongying Shenchi storage project for oil

Dongying Shenchi Chemical planned to construct more tanks for feed oil, oil products and hydrocarbon products. This project is located in Dongying Port Economic Development Zone in Dongying

May 19, 2017

Shandong Gaocheng Petroleum's 1 million mt/yr of high-clean oil products

Shandong Gaocheng Petroleum Technology Co., Ltd planned to construct a project with yearly production of 1 million mt of high-clean unleaded gasoline and diesel and this project is located i

May 19, 2017

Shandong Dongjiakou-Zibo oil pipeline

Shandong Dongjiakou-Zibo pipeline, located in Zibo and Qingdao City, is invested by Zhengben Logistics with CNY3.3 billion.

May 19, 2017

The accidental output cut on strike and breakdown helped the oil price rise

On May 19th(Friday),the crude oil price rose with fluctuations. Libyan crude output cut caused by oil field power failure and the strike spreading of Nigerian oil workers made traders worrie

May 19, 2017

Xinjiang Oil and Gas Exchange is approved and is to be the pricing center for Central Asia

Depending on the perfect oil and gas industrial chain, Karamay City was approved by Xinjiang Autonomous Region Development and Reform Commission to launch the preliminary work for Xinjiang O

May 19, 2017

China oil products market continued negative

International crude oil futures continued rising amid the bullish sentiment of extending the output cut agreement for 9 months. In addition, both American crude oil inventory and output decl

May 19, 2017

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