Oil
China's economy continued transforming in 2016, and the international crude oil price remained low. Domestic oil products wholesale and terminal demands were unsatisfied.
February 22, 2017
It was learned from JLC that main state-owned refineries started large scale maintenance upon entering February, which meant that LPG supply would fall greatly.
February 22, 2017
China DME market keeps sluggish. Against bleak supply and demand fundamental for long time, although most companies are willing to push up the price, no results are achieved resulted from mo
February 22, 2017
OPEC Secretary General Mr. Mohammad Barkindo cited on February 21st (Tuesday) that OPEC members and non-OPEC producers including Russia would continue strict enforcement of output reduction
February 22, 2017
China started to import Urals crude oil from Russia, as Brent/Middle East crude spread narrowed on higher Dubai and Oman crude prices supported by OPEC output reduction.
February 22, 2017
According to the report released by Xinhua (Daqing) International Oil Information Center, as of February 17th, China oil products index read 693.44, inching up by 0.03%.
February 22, 2017
According to sources on February 21st, Saudi Arabia intended to list its state-owned oil giant, the Saudi Arabian Oil Co. (Saudi Aramco), in New York, London or Toronto, indicating little po
February 22, 2017
