Oil
Deep processing plants in the Northwest enjoyed relatively decent profits in comparison with those in Shandong, which suffered from negative profits.
April 24, 2017
It remains to be seen whether the 13% VAT for LPG will be adjusted to the higher level of 17% or to the lower level of 11%, whereas there is much likelihood for a cut to the 11% level in com
April 21, 2017
The transaction price of light marine crude (density: 0.88-0.90) in Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY-93/mt, dropp
April 21, 2017
According to JLC statistics from 41 Shandong teapots, up to April 19th, 2017, the CDU run rate fell to 56.42%, decreasing by 3.84 percentage points on week due to increasing teapots turnarou
April 20, 2017
In March China crude oil imports went up sharply by 22.6% over February to 38.95 million mt, about 9.17 million barrels per day which was far higher than the previous historical record high
April 20, 2017
China COSCO Shipping’s tanker Jinxiangyuan berthed the 102# at Panjin Port on April 16th after six days journey from Fujian, indicating COSCO’s container shipment route from Panjin to Fu
April 20, 2017
On April 19th (Wednesday), as confirmed by EIA statistics, the U.S. gasoline inventory recorded an increase but not decline, which resulted in worries on fuel oil demand weakening.
April 20, 2017