Oil prices finished higher on Thursday with both the US crude benchmark and Brent exceeding $100 a barrel in intraday trading. Gu Shuangfei, deputy director with the consultancy department of Nanhua Futures, said low capacity, low investment and low inventory have been keeping oil prices high ever s
Oil prices fluctuate after the rally and coal prices remain firm. Meanwhile, total MEG inventory is hard to see obvious increase as supply recovers slower than expected. MEG prices could still find supports from the cost side and slow supply recovery.In demand side, polyester polymerization rate is
Oil prices fell sharply on Monday as traders were worried about a global economic slowdown, which would potentially hit crude demand.The West Texas Intermediate for April delivery settled 1.95 dollars lower at 51.43 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for April del