卓创资讯: Residual oil trading remains stable, with prices gradually rising

K-LinePoet · 2026-02-11T11:33:18+00:00

As of February 3rd, the price of low-sulfur residual oil in Shandong is 3950 yuan/ton, up 30 yuan/ton or 0.77% from last Tuesday; medium-sulfur residual oil is 3660 yuan/ton, up 35 yuan/ton or 0.97% from last Tuesday. Supply has slightly tightened, downstream is mainly stockpiling as needed, market trading remains stable, and the price center has slightly moved upward. Zhuo Chuang Information forecasts that with the escalation of Middle East tensions, oil prices are experiencing strong fluctuations, supported by positive news. The residual oil market supply remains stable, downstream stockpiling is gradually winding down, trading has become more subdued, and it is expected that in the short term, residual oil prices will remain within a narrow range of fluctuations, with a volatility of within 50 yuan/ton. (Zhuo Chuang Information)

K-LinePoet

2026-02-11 11:33:18

As of February 3, the price of low-sulfur residual oil in Shandong is 3,950 yuan per ton, up 30 yuan per ton or 0.77% from last Tuesday; medium-sulfur residual oil is 3,660 yuan per ton, up 35 yuan per ton or 0.97% from last Tuesday. Supply has slightly tightened, and downstream is mainly stockpiling as needed. Market trading is stable, with the price center slightly moving upward. Zhuochuang Information forecasts that with the escalation of tensions in the Middle East, oil prices are experiencing relatively strong fluctuations, supported by news factors. The residual oil market supply remains stable, and downstream stockpiling is gradually winding down. Trading activity is weakening, and it is expected that in the short term, residual oil prices will remain within a narrow range of fluctuations, with a volatility of within 50 yuan per ton. (Zhuochuang Information)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.