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Oil products will rise amid retail prices' biggest gain and non-OPEC's output-cutting

Recently, international crude prices moved with mixed trend and the news that OPEC reached the freezing production deal was still rife, which continually pushed up oil prices. Then, international oil prices declined as a new high in Russia and OPEC November crude output was also worrisome

12-14-2016 10:47:24

Gasoline and diesel market may collapse after the largest retail price decrease in 2016

Recently, participants were generally negative about whether OPEC would reach an agreement on production limitation. Meanwhile, the US crude oil inventory soared unexpectedly. Therefore, international crude oil price kept falling, totally ignoring the softer US dollar index.

11-09-2016 17:00:05

The retail price of the refined oil achieved its fifth increase in this year

Recently, the spread of OPEC comments on freezing production and the production decline in China had supported the oil market to rebound. What’s more, the Russian New Energy Minister Novak showed an open attitude upon cooperation with OPEC, which inspired the market sentiment.

08-23-2016 09:46:31

Oil products retail prices would be promoted for the first time in the second half year

On the early stage of this evaluation period, the oversupply continued to hit the market. International crude oil shocked within a downtrend and nearly approached to $40/bbl.

08-17-2016 16:12:13

Datong Gas divests retail to focus on urban pipeline natural gas

Sichuan Datong Gas Development Co., Ltd (Datong Gas) announced to possibly halt all retail businesses under its subsidiary Chengdu Hualian, marking the listed company will shift its main business from “urban pipeline natural gas and retail” to a single “urban pipeline natural gas”.

06-16-2016 10:33:04

Shandong teapots jointly march into oil products retail market

Recently, Shandong Petrochemical registered a new brand of petrol station—Zhongan Petroleum, in order to integrate 6,000 private petrol stations in Shandong, branding the carrier for the local oil products sales terminal alliance.

05-27-2016 10:37:57

No Adjustment on China Oil Product Retail Price by NDRC on January 27th

01-28-2016 09:12:28

Sluggish LPG retail market

Recently, due to cold weather, demand growth from terminal market, and more inventories replenishment of gas stations, retail price of bottled LPG has edged up.

01-08-2016 16:51:08

NDRC: defer to adjust oil product retail price amid floor price of crude

12-16-2015 11:33:49

China Oil Product Retail Adjustment by NDRC on December 1st

12-01-2015 16:37:59

China Cities' Highest Oil Product Retail Price on November 17th, 2015

11-17-2015 17:43:08

China Oil Product Retail Adjustment by NDRC on November 17th

11-17-2015 17:23:40

China Oil Product Retail Adjustment by NDRC on November 3rd

11-04-2015 09:13:29

LPG retail market sees no positive factors

The continuously dropping global crude market posed pressures on China LPG market. Gas stations were not expected to take position soon as their previous stockpiles had yet to be consumed.

10-23-2015 11:14:24

China Cities’ the Highest Oil Product Retail Price on October 20th, 2015

China Cities’ the Highest Oil Product Retail Price on October 20th

10-22-2015 09:38:35

China Oil Product Retail Adjustment by NDRC on October 20th

According to National Development and Reform Commission (NDRC), on October 20th (24:00) the gasoline and diesel prices were lifted by CNY50/mt respectively, to CNY6,460/mt and CNY5,500/mt.

10-22-2015 09:21:00

LPG retail market remains fluctuating

Recently, LPG demand in Northern China was weak. Facing continuous price rises in feed gas, deep-processing plants became cautious on purchase.

09-25-2015 17:52:47

China Cities’ the Highest Oil Product Retail Price on September 16th

09-17-2015 10:00:52

China Oil Product Retail Adjustment by NDRC on September 16th

According to National Development and Reform Commission (NDRC), on September 16th (24:00) the gasoline and diesel prices were lifted by CNY90/mt and CNY90/mt respectively, to CNY6,410/mt and CNY5,450/mt after the six consecutive cut this year.

09-17-2015 09:29:40

China Oil Product Retail Adjustment by NDRC on September 1st

According to National Development and Reform Commission (NDRC), on September 1st(24:00) the gasoline and diesel prices were cut by CNY125/mt and CNY120/mt respectively, to CNY6,325/mt and CNY5,360/mt.

09-02-2015 09:05:58

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