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Gasoline and diesel market to rebound amid the bullish supply and demand

OPEC continued to fulfill the promised output cuts, combined with the sharp drop in fuel oil inventory and falling dollars, providing support to the oil prices recently.

March 09, 2017

Bunker oil market to be bullish along with the picking-up shipping industry

Recently, BDI was in strong upward trend and closed at 1045 points on March 8th, with the accumulative growth reaching 360 points or 52.55% since February 14th.

March 09, 2017

Oil product market may embrace a new begin if oil & gas reform is carried out in Q1 2017

The annually NPC & CPPCC began on March 3rd and the system reform in all sectors would be the major discussion.

March 09, 2017

Price movements in MTBE market are hard to predict amid the game of multiple factors

In February, China MTBE market was in volatile development on the whole, while the market became stable since March, with the transaction price in narrow vibration,

March 09, 2017

Profit of gas station may increase amid the widening oil product wholesale-retail spread

Recently, international crude oil futures kept narrow shocks. Russia announced that its crude oil output in February would keep steady, thickening the market concerns toward OPEC’s product

March 09, 2017

Gasoline exports fall sharply in January amid the peak season for the domestic market

According to customs data, China's gasoline exports registered at 599,400 mt in January 2017, down 37.35% MoM, up 1.14% YoY. China's gasoline imports read 20 mt in January 2017, down 53.6% M

March 07, 2017

Sinopec plans to invest US$29bn in refinery upgrade in 2016-2020

Sinopec plans to invest US$29bn in refinery upgrade in 2016-2020

March 07, 2017

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