Oil
Recently, shipping market was full of bullish news. BDI raised to 1,200 points from the 668 points in the first half of February, up by 77% within one month. The increasing BDI boost traders
March 23, 2017
Amid the output decline and import increase, in 2016 China external dependence degree on crude oil rose to 65.4%, up by 4.6 percentage points against 2015, which was read in the China Oil an
March 23, 2017
In March 2017, Sinopec issued the Notice on Unified Procurement of Shandong Teapots' Oil Products Resources, which said since April 1st, Sinopec would implement the unified procurement of Sh
March 22, 2017
On Tuesday (March 21st), the market refocused on the fundamentals after digested the news that OPEC may prolong the production cut. The increasing API crude oil inventory last week thickened
March 22, 2017
According to JLC, Brent oil price declined greatly since March 6th and the premium of imported mixed aromatics dropped from the stable development, leading to the cost collapses of the impor
March 22, 2017
Sinopec starts operation of 20 Mt/year crude oil pipeline in China
March 22, 2017
After two-year suffering, the upstream of Asia petroleum industry has showed the signs of recovery, and the steadily rising oil price seems to convince the marketers that the “bad days”
March 22, 2017
