The United States in December 23rd crude oil production of 8 million 796 thousand barrels a day, a week before the reduction of 20 thousand barrels / day, compared with a year ago to reduce the 436 thousand barrels / day. The United States in December 30th 658 weeks the number of rigs, 5 increase in the number of Taiwan, Taiwan 40 years of decline; Canada rig count 157 Taiwan, Taiwan 67 weeks to reduce the number of years, an increase of 74. The United States oil rig 525 weeks, a 2 increase in the number of Taiwan, Taiwan 11 years of decline. EIA in the December forecast of Brent crude oil price forecast in 2017 raised $1 a barrel to $52 / barrel, Brent crude oil price in 2017 was $50 / barrel, to the end of 2017 reached 55 U.S. dollars / barrel, the price is included OPEC production is expected, but only short-term energy production agreement prior to the looking to have a smaller influence.

This week, domestic gasoline and diesel oil fuel tax spreads were 393, 715, -482 yuan / ton, rate is 9.2%, 20.8% and -13.1%. The ethylene downstream operating rate rise significantly, but Europe and the Middle East spot is limited, it is difficult to goods flows to Asia, thinly traded, ethylene prices fell 0.51% this week in Southeast Asia at 980 U.S. dollars / ton. Overseas manufacturers and foreign companies outside the holiday turnover less, the domestic market downturn, the downstream polypropylene prices decline, Southeast Asian propylene steady quoted at 801 yuan / ton. Southeast Asia, Northeast Asia in December and January as part of the device maintenance led to tight supply, the change of ethylene in the global scope, expected long-term shortage of Southeast Asia butadiene steady report in 1940 yuan / ton.