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Oil Product Price Adjustment Window to Open, Record-breaking Drop may Occur This Year

China's new round of oil price adjustment window will open at 24:00 on October 17.

October 16, 2014

Crude Oil Price down 4%, Dampening Bulk Commodity Market

On October 14, 2014, crude oil prices suffered a general slump, and the close price of WTI and Brent both declined over 4%.

October 16, 2014

CNOOC Huizhou Refinery to Shut Down for a Two-month Turnaround

From the middle of October to the middle of December, Huizhou Refinery Branch of China National Offshore Oil Corporation (CNOOC), the leading petrochemical project in Huizhou will shut down

October 16, 2014

Downward Crude Oil Indicates Bullish Chemical Market

The price of crude oil, the chemical indicator, continued downward with WTI price having slumped since October, 2014 and even hitting the lowest level of the year at $85.82/bbl on October 10

October 16, 2014

Shandong Releases Oil Product Consumption Tax Policy

Shandong Taxation Bureau recently released the Announcement of Strengthening Oil Product Consumption Tax Management, aimed to tighten regulations on the deduction of oil product consumption

October 15, 2014

Propane Supply and Security Act of 2014 Introduced; Bi-Partisan Action Benefits Propane Customers

Washington, DC (July 31, 2014) – Today, a bi-partisan group of senators made up of, Sen. Tammy Baldwin (D-WI), Sen. Al Franken (D-MN), and Sen. Rob Portman (R-OH), introduced the “Propan

October 10, 2014

Shanghai Bunker Fuel Prices at 45-Month Low on Bearish Crude

Shanghai bunker fuel prices fell to a 45-month low Wednesday as weak crude oil market sentiment and a week-long holiday in China increased selling activity, but traders said Thursday they ho

October 10, 2014

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