1. Marathon Crude Oil Trading Volume Decreases
On March 26, 2025, Marathon Crude Oil (MPC) had a trading volume of US$298 million, a decrease of 43.99% from the previous trading day. The trading volume on that day was 1.9809 million. The company is one of the largest refining systems in the United States, with a crude oil refining capacity of about 3 million barrels per day.
2. Heshun Petroleum Daily Limit
On the same day, Heshun Petroleum stocks hit the daily limit, belonging to hot sectors such as new energy vehicles, petrochemicals, and battery swap concepts. Fund flow data showed that the main funds had a net inflow of 26.846 million yuan, accounting for 32.55% of the total trading volume, while the hot money had a net outflow of 13.4918 million yuan, accounting for 16.36% of the total trading volume.
3. HSBC Petrochemical's petroleum coke price cut
On March 26, Shandong HSBC Petrochemical Co., Ltd. announced that its petroleum coke price was reduced to 2,500 yuan/ton, a decrease of 50 yuan/ton from the previous trading day, with a daily output of 1,100 tons of petroleum coke.
4. Changchun Forestry and Gardening Bureau held a publicity campaign for the protection of ancient trees and famous trees
Although this news mainly focuses on environmental protection activities, the background related to the oil industry is that with the global emphasis on sustainable development, oil companies are also constantly seeking ways to transform green. For example, the Changchun Forestry and Gardening Bureau hosted a series of publicity activities for the protection of ancient trees and famous trees in Changchun with the theme of "Love for the Ancient Trees in the Spring City and Build a New Ecological Chapter" on March 25, which may indirectly affect the future development direction of the oil industry.