Oil
On March 20th (Monday), as the number of U.S. crude oil active drilling wells increased significantly resulting in more obvious increasing trend in shale oil production, and the supply from
March 22, 2017
As is known to JLC, the oil refining units of Yan’an Refinery, affiliating to Yanchang Group, pulled up on March 7th to get about 20 days’ routine overhaul beginning on March 11th, and o
March 22, 2017
Since China Ministry of Commerce issued the first batch of imported crude oil quota in mid January, 2017, Jincheng Petrochemical, Hebei Xinhai and Wudi Xinyue Fuel Chemical successively beca
March 21, 2017
As for the import side, on March 1st-15th, 2017, the import profit of Singapore gasoline in South China was average at –CNY657/mt, with losses decreasing CNY180/mt against February; diesel
March 21, 2017
On Monday (March 20th), the news that OPEC might prolong the production cut plan imposed limited influence on rallying the oil price; while the new high of US active crude oil drillings and
March 21, 2017
Recently, international crude oil futures price maintained range bound. OPEC’s monthly report showed that global crude oil inventory still kept increasing although oil producing countries
March 21, 2017
The data from JLC showed in Shandong the coastal ports’ crude oil and fuel oil commercial inventory continued increasing, and on March 16th the total stocks in Qingdao, Longkou, Laizhou an
March 21, 2017