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Wholesale prices for fuel slide on weaker international crude

Guangzhou (JLC), October 7, 2023 – China’s wholesale prices for gasoline and diesel fell modestly on the first day after the 8-day “Golden Week” holiday, largely tracking weaker international crude.

10-07-2023 19:06:57

China oil products prices drop with international crude plunging

Beijing (JLC), November 30, 2021--China oil products prices moved down on the first day of the week following hard on the heels of plunges in international crude prices last Friday.

11-30-2021 17:51:19

International crude spot markets turn positive

In Middle East: Market trading picked up as many tenders were released in the crude spot market in Middle East on Monday.

04-17-2018 16:07:18

China propylene price follows international crude oil price trend closely

01-26-2018 17:46:50

New York international crude price fell on October 25th due to inventory growth

New York crude price declined on October 25th as US Energy Information Administration released a report the same day which showed that the United States national commercial crude inventory increased by 856,000 barrels last week, compared with previous expectation of cutting 2.5 million barrels.

10-27-2017 08:51:43

International crude oil price dropped on Aug 21st

Bake Hughes latest report showed that the number of US oil field drilling wells was 763, down 5 week on week. Besides, US Energy Information Administration (EIA) report said that US national commercial crude inventory kept decreasing.

08-22-2017 13:56:55

International crude price rose on Aug 18th

On August 18th, international crude price rose as USD depreciated. The USD index measuring against six major currencies slipped 0.17% to 93.462.

08-21-2017 15:10:06

International crude price declined over 2.5% on Aug 14th

International crude price declined on August 14th.

08-15-2017 17:23:06

International crude oil price rose on July 19th

According to the statistics released by Energy Information Administration (EIA) on July 19th, the U.S. national commercial crude inventory declined 4.7 million barrels to 490.6 million barrels.

07-20-2017 16:16:54

Whether international crude price could rebound will be known on July 24th

Guidance: A temporary meeting will be held by oil-producing countries in Russia on July 24th and the focus of this meeting will be whether oil-producing countries can expand crude output cut scale further on the current basis of 1.8 million bbl/day.

07-14-2017 18:23:19

The international crude futures price continued rising

On May 22nd (Monday), the international crude futures market continued rising. Saudi Arabia Energy Minister said that all OPEC oil-producing countries he had contacted agreed to extend the output cut agreement for 9 months.

05-23-2017 10:17:38

Frequent price change of Shandong teapots amid undulated International crude oil price

In Early August, international crude oil raised to $43-46/bbl, and according to JYD, up to August 12th, the sixth working day, the change rate of reference crude oil was 1.74%.

08-16-2016 10:44:58

International crude futures fell back shocked refined oil market

As of middle June, international crude futures fell back to around $50/bbl. According to JYD as of 15th June, Shandong 93# blended gasoline was average at CNY4,572/mt, down CNY28/mt than in late May. Shandong blended diesel was average at CNY4,076/mt, up CNY113/mt than in late May.

06-16-2016 11:54:01

Mounting international crude oil output suppressed its closing prices

On Monday 25th April, amid signs of increased international crude oil production and the concerns about oversupply of refined oil, clothing prices of international crude oil fell however narrowed by a weak US dollar.

04-27-2016 15:36:51

International crude oil continued slidding amid negative factors from IEA

On December 12th(Friday), IEA predicted that oil prices would soften further and international crude futures continued declining sharply next year, amid expectation of lower demand and oversupply.

12-15-2014 16:37:06

Oversupply remains, international crude prices continues downward

On December 9th, international crude futures continued slumping amid expectation of worsening oversupply in Asia market. NYMEX crude once fell to $62.25/bbl and Brent crude hit $67.52/bbl.

12-09-2014 18:02:31

Bearish International Crude Oil Lowers Operating Rate in Shandong

According to JYD, by October 29, driven by negative market sentiment and low profits, the operating rate of CDUs in the surveyed 36 Shandong teapots dropped 0.65 percentage point on-week to 36.96%.

10-31-2014 08:28:40

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