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The oil price may keep long-term moderate movement in the future

After three-year free-fall and low-level operation, the price trend of bulk commodity, represented by oil price, has been the hot topic. On the sub-forum of Boao Forum for Asia Annual Confer

March 28, 2017

Main refineries would cut jet fuel EXW prices in April

According to JLC, during February 25th-March 24th period, the jet fuel average price in Singapore settled at $50.2/bbl, down by $3.11/bbl and the tax-paid price of jet fuel CIF was CNY4,166/

March 28, 2017

Biodiesel market kept flat development amid poor demand and supply

In March, downstream demand for biodiesel kept weak, giving no support to the price, and the quotation moved down gradually when the cost-side support to the market became weak gradually alo

March 28, 2017

Oil product retail price to be cut by CNY210-220/mt on March 28th

During this period of adjusting oil products retail prices, according to JLC, by March 24th, the change rate of referred crude oil varieties was -6.35%, and in next few days, the internation

March 27, 2017

Saudi Aramco signs contract with CNOOC to supply crude for Huizhou Refinery

According to foreign media in Singapore on March 23rd, Saudi Aramco signed an one-year contract with CNOOC to supply crude oil for the forthcoming 2nd Project of CNOOC Huizhou Refinery.

March 27, 2017

Profits of imported LPG for trade and for chemical use went oppositely

In the first quarter of 2017, China import LPG arrivals totaled 1.3 million. The market needed great volumes of LPG. However, profits of LPG for traditional trade and for chemical use are op

March 27, 2017

C4 supply will continue to increase; companies will have more choices

During the 13th Five Year Plan, production capability of coal-to-liquids projects and coal-to-natural gas projects will total 13 million mt and 17 billion cubic meter per year respectively.

March 27, 2017

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