Oil
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
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
The annually NPC & CPPCC began on March 3rd and the system reform in all sectors would be the major discussion.
March 09, 2017
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
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
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
March 07, 2017