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Article: CHINA'S TWO OIL GIANTS RAISE PRICES OF REFINED OIL.
- Article from:
- AsiaPulse News
- Article date:
- June 10, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, June 10 Asia Pulse - China's two oil giants, CNPC and Sinopec, have both raised their ex-factory prices of refined oil, as the international oil price has kept high for one month, according to Wednesday's Beijing Times.
A source from the Beijing branch of Sinopec cited by the newspaper said that its price of gasoline rose by 100 yuan (US$12.09) per ton, and the price hike of diesel oil per ton was slightly lower than gasoline in the capital Beijing.
A source from CNPC told the newspaper that its headquarters had notified every branch of the company to raise the gasoline price by 100 yuan per ...