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Yunnan Petrochemical would be put into production

On May 6th, PetroChina Yunnan Petrochemical Co., Ltd held a mobilization meeting for putting into production, which marks the 13 million mt/yr oil refining project of Yunnan Petrochemical (P

May 17, 2017

PetroChina Chairman Wang Yilin met Kenya Oil Minister Charles Keter on May 16th

PetroChina Chairman Wang Yilin met Kenya Oil Minister Charles Keter on May 16th to communicate on further facilitating energy cooperation on energy and other fields.

May 17, 2017

Vacuum residue oil market would be bearish on poor demand

Recently, vacuum residue oil market was bearish, despite bullish crude futures market. In this week, the transaction price inched up, but the purchase and sales statue could not improve much

May 17, 2017

Crude futures market ended up falling amid great concern about oversupply

On May 16th(Tuesday),despite the softer dollar considering the “Leak Door” and the support for output cut agreement extension from Kuwait and Iraq, crude futures market ended up in downw

May 17, 2017

China crude oil futures listing is just around the corner

On May 11th, Shanghai Futures Exchange posed the Announcement on Publishing Business Rules of Shanghai International Energy Exchange for Crude Oil Futures on its official website.

May 17, 2017

Oil product market to keep sluggish although crude oil had consecutive increase

In mid-May, EIA reported that US crude oil inventory had a record decline last week, reliving the market concerns upon the increasing crude oil inventory and oil product inventory. In additi

May 16, 2017

Nine filling stations in Urumqi supply CN98

Currently, “supper gasoline” CN98 is available in nine filling stations of Urumqi. With the same price as National Standard V 98-Ron gasoline, CN98 is more efficient and cleaner.

May 16, 2017

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