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Intensive arrivals of LPG in the second half of April may pressure China market

China gas import market has been running well recently. The sales profits of China main wharfs have been improved significantly against that of the same period of last year. Compared with th

April 20, 2017

The strictest environmental inspection in the oil product market is coming

Recently, Ministry of Environmental Protection pointed out the diesel overproof problems and circulated notice of criticism on eight filling stations in Xushui District, Baoding city for the

April 19, 2017

China DME market hard to brighten in the short term

The DME market is likely to track fluctuations in the methanol market, but its trend is also subject to the LPG market considering that the LPG-DME price spread is only CNY200-300/mt. O

April 19, 2017

Singapore oil products prices went up and import arbitrage performed differently

According to JLC arbitrage data, the domestic gasoline and diesel market rose dramatically in the first half of April.

April 19, 2017

Shale oil output of U.S. was expected to grow

The data issued by EIA on April 18th (Monday) showed that shale oil output was expected to continue to grow and the high crude oil inventory of United States left insufficiently available st

April 19, 2017

China gasoline and diesel retail profits will rebound in mid-late April

Since April, due to the continuous rise of international crude oil price, the retail price recorded the maximum increase of the year. In addition, it is said that China will levy consumption

April 19, 2017

Three more Shandong teapots are granted to use imported crude oil

Shandong Dongfang Hualong Industry & Trade Group Co. Ltd,Shandong Shengxing Chemical Co., Ltd and Shandong Qicheng Petrochemical Co., Ltd were qualified for using imported crude oil 3 mill

April 19, 2017

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