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Today, Crude oil futures plummeted over 1 per-cent in the native market while tumbling to a 6 year low in the overseas market as investors, observers and speculators regained to a heavy sell-off in the energy commodity amidst continued fears that a global oil glut may exacerbate due to the fallout of the OPEC's decision to maintain production at high levels, and sluggish world wide growth of economy which may weaken requirement.

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.

Vacuum Distillation Unit (VDU): further distills the residue oil from the bottom of the crude oil distillation unit. The vacuum distillation is performed at a pressure well below atmospheric pressure. The vacuum distillation unit is widely used to separate substance that decomposed, oxidized or polymerized at a temperature far below the boiling point at CDU condition.

Semi regenerative Reforming (SRR): With the help of heating, hydrotreating and catalyst, semi regenerative catalytic reforming is a process which is used to convert petroleum refinery naphtha distilled from crude oil (typically having low octane ratings) into high-octane liquid products called reformates, which are premium blending stocks for high-octane gasoline. Compared with other regenerative reforming types, semi-regenerative reforming has advantages includes low investment, low operating fee…etc. Semi regenerative reforming can also be applied in various production scales.