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Industry News

Industry News

  • Differences Between Diesel Engine oil and Gasline Engine Oil

    Differences Between Diesel Engine oil and Gasline Engine Oil

    Normally, there are two types of engin oil in the market:  diesel engine oil and gasline engine oil. Here are some differences between them: 1. The engines used are different and the applied  principles are different. 2. Generally speaking, diesel engine oil with the same viscosity grade is more ...
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  • NLGI GRADE OF GREASE

    NLGI GRADE OF GREASE

    Choosing the right consistency of grease is critical. If grease is too soft to may migrate away from the area that needs to be lubricated, while grease is too stiff may not effectively used into the lubrication parts. The National Lubricating Grease Institute (NLGI) has established a specified st...
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  • Analysis of Lithium Grease Market

    Analysis of Lithium Grease Market

    Lithium grease is used for lubrication in mechanical systems. The primary purpose of lithium-based lubricants is to reduce friction between moving parts resulting in increased efficiency and output of the system. Grease also minimizes the wear of machine parts, increasing the life of components. ...
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  • Crude Oil Keep Increasing Drastically Nowadays

    Crude Oil Keep Increasing Drastically Nowadays

    Recently, the price of international crude oil futures has shown a volatile upward trend. The concern of insufficient supply and increased demand have supported the international oil price to remain at a high of $120 per barrel. Oil is the main raw material of lubricating grease&oil. There i...
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  • The Impact of High Oil Prices on Economic Growth and Industry Profits

    The Impact of High Oil Prices on Economic Growth and Industry Profits

    This year, international oil prices fluctuated at a high level. The main reason why oil price remains high is the staged recovery of structural demand encounters supply cuts due to geopolitical and capacity bottlenecks, while low inventories amplify oil price volatility. 1. The impact of oil pric...
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  • Lubricants Price touching sky!

    Lubricants Price touching sky!

    The price of a finished lubricant is dependent on the base oil cost,addtives cost,transportation cost,labour cost and packaging material cost. Highest increase in lubricant price in 2021 is due to short supply and higher cost of raw materials and other inputs.Supply-Demand imbalance created a gap...
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  • The reminder From Petroking – about the dual control of energy consumption policy of the Chinese goverment

    The reminder From Petroking – about the dual control of energy consumption policy of the Chinese goverment

    Dear Customer, Perhaps you have noticed that the recent “dual control of energy consumption” policy of the Chinese government, which has a certain impact on the production capacity of some manufacturing companies, and the delivery of orders in some industries has to be delayed. In add...
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  • electricity curtailment in China

    electricity curtailment in China

    The current situation of electricity curtailment in China is relatively serious. Most areas of the country restrict industrial electricity use. If you want to place an order to us, please as soon as possible, we will deliver the goods as soon as possible within the limited production time. PETRO...
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