Oil
The third 300,000 dwt crude oil terminal is also stepping up construction and is expected to be completed in October this year and the fourth one is being approved. Now in Rizhao Lanshan Por
May 18, 2017
As Saudi and Russia both supported extending the production cut agreement, the oil price rose by over 3%. However, according to Goldman Sachs, the agreement needs two preconditions still to
May 18, 2017
In January-April, Maoming Petrochemical oil products pipeline delivery amounted to 3.3017 million mt, as 76% of the oil products total output, up by 206,600 mt or 7% YoY, hitting a new recor
May 18, 2017
Recently, Qilu Transportation Service Development obtained 40% shares in Dongying Lianhe Petrochemical by injecting CNY1 billion, being the fourth reorganization in petrochemical industry fo
May 18, 2017
In the first half of May, the vibrated international crude oil futures suppressed domestic blended oil market and marketers still kept wait-and-see sentiment. Downstream demand in blended oi
May 18, 2017
The transaction price of light marine crude (density: 0.88-0.90) in Shandong market stabilized at CNY3,500/mt and the theoretical processing light marine crude profit of teapots decreased by
May 18, 2017
According to JLC statistics from 41 Shandong teapots, up to May 17th, 2017, the CDU run rate rose to 55.72%, increasing by 3.21 percentage points on week. In this week, a 5 million mt/yr CDU
May 18, 2017
