With the Strait of Hormuz still closed, the global export of liquefied natural gas (LNG) has been severely affected, and an energy " grab" battle

I. Market Price Overview This week, the LPG market exhibited a trend of initial decline followed by a rebound and accelerated upward movement. As of May

On Tuesday, May 12, the U.S. Energy Information Administration (EIA) released its latest ‘Short-Term Energy Outlook’ report. The report projects global oil demand for 2026

On the 9th, the Ministry of Industry and Information Technology released the latest data on China’s shipbuilding industry. In the first quarter of 2026, the

U.S. Energy Secretary Chris Wright stated on Thursday that Iran appears to have cut its oil production by 400,000 barrels per day, and with its

Against the backdrop of the ongoing tense situation in the Middle East and the failure of the second round of negotiations between the United States

On the evening of April 28th, China National Offshore Oil Corporation (hereinafter referred to as "China National Offshore Oil Corporation") disclosed its first-quarter report for

On April 22, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued

"Security, cheapness, and cleanliness" are the three elements of energy, and this Middle East crisis highlights the "security" element, which is beneficial for fossil energy

Supply Side: Domestic LPG supply stood at 516,000 metric tons, a slight decrease of 200 metric tons from the previous period, remaining largely unchanged. This

This week, domestic LPG prices continued to show strong performance. According to data from SunSirs, as of April 1, 2026, the benchmark price of LPG

Recently, the tense situation in the Middle East has driven up energy prices such as crude oil and natural gas. Olivier Blanchard, the former Chief

In January 2026, China imported a total of 2.4068 million tons of LPG and exported 140,400 tons of LPG. In January 2026, the total import

Disruptions in raw material transportation are directly hampering the operation of cracking units and downstream facilities. Recently, due to the conflict in the Middle East, severe

Geopolitical conflicts in the Middle East have caused recent fluctuations in international oil prices, sparking market concerns. On the 16th, Fu Linghui, spokesperson for China’s

The latest data released by the National Bureau of Statistics on March 14th shows that in early March 2026, LPG (LPG) was 5,147.0 RMB/ton compared

The latest news on Thursday evening Beijing time shows that Saudi National Shipping Company Bahri is rushing to book very large crude carriers at exorbitant

The United States and Israel have launched military strikes against Iran, causing the situation in the Middle East to escalate rapidly, and the Persian Gulf

The U.S. and Israeli military strikes against Iran entered their 11th day on the 10th. U.S. President Trump said on the 9th that the war