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U.S. Gulf Coast conventional gasoline discount narrows on refinery buying

On Thursday, supported by refinery buying, U.S. Gulf Coast conventional gasoline cash differentials strengthened. Traders said Gulf Coast M2 conventional gasoline (RU-DIFF-USG) narrowed its discount ...
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Total investment of CNY 32 billion! China’s first 500,000‑ton‑class biomass green alcohol–oil demonstration project breaks ground in Shenyang

According to China Energy Engineering Corporation,China's first 500,000-ton-class biomass green alcohol-oil demonstration project——The 500,000-ton-class wind-and-solar-to-hydrogen integrated biomass ...
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National Bureau of Statistics: March CPI rose 1.0% year-on-year; PPI ended 41 months of consecutive declines and turned positive at 0.5%.

The National Bureau of Statistics today (April 10) released data for the national Consumer Price Index (CPI) and Producer Price Index for Finished Goods (PPI) for March 2026. The data show that March ...
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Ceasefire fails to resolve the energy impasse: heavy damage to Middle East facilities, the global oil and gas supply crisis is far from over

Although the Middle East ceasefire agreement has paused the fighting, the large-scale damage to the region's energy infrastructure has dragged the global oil and gas market into a protracted supply ...
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Zhongheng Electric secures a RMB 4.1 billion strategic investment from CATL to advance compute–power synergy and green ICT

Zhongheng Electric(002364.SZ) announced that the company's controlling shareholder Zhongheng Technology Investment and its shareholders Zhu Guoding and Bao Xiaoru have signed a Strategic Investment ...
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PetroChina’s five major oilfields post a strong start to Q1: stable oil and gas production and accelerated growth in green power

Recently, major oilfields under PetroChina have successively released their production and operation data for Q1 2026. The five major oilfields—Daqing, Changqing, Tarim, Southwest, and Jilin—all ...
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Production down 6%, profits shrink by 3.7 billion: Middle East conflict deals a heavy blow to ExxonMobil

Affected by the ongoing escalation of conflicts in the Middle East, oil and gas production operations across the Persian Gulf have largely come to a halt, and the U.S. energy majorExxonMobilsaw its ...
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Energy shock transmits through the sector — Malaysian glove maker WRP announces suspension of operations

Malaysian Rubberglove giantWRP Asia Pacific Sdn. recently issued a notice announcing that it willgradually cease business operations starting this month.The immediate trigger for this decision is the ...
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Blockade of the Strait of Hormuz Shakes Oil Markets; Saudi Arabia Bucking the Trend Boosts Revenues and Emerges as the Biggest Winner

Latest industry analysis shows that the Strait of Hormuz was effectively blocked, triggering a sharp rise in international oil prices; this counterintuitive situation delivered windfall gains to Saudi ...
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Domestic gasoline and diesel prices will be raised at 24:00 on April 7; the government will implement controls to cushion the impact.

According to the National Development and Reform Commission, to respond to the impact of international crude oil price fluctuations,from 24:00 on April 7, domestic maximum retail prices for gasoline ...
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Australia's 'Diesel Shortage' Leads to Expected Reduction in Lithium Carbonate Production, Tightening Domestic Lithium Ore Supply Expectations

Recently, Australian iron ore company Fenix Resources Ltd. (Fenix) announced that due to tightening regional diesel supply caused by the Middle East conflict, production and operations of Australian ...
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China Petroleum & Chemical Corporation Terminates Two Major Projects, Adjusting Over 8 Billion Yuan in Fundraising

In March 2024, Sinopec completed a private placement, raising a total of 12 billion yuan, with net proceeds of 11.987 billion yuan. As of February 28, 2026, the overall utilization rate of the raised ...