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Article: Sinopec and PetroChina jointly lift ex-factory prices for gasoline and diesel.
- Article from:
- China Business News
- Article date:
- November 12, 2004
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Sinopec and PetroChina jointly lift ex-factory prices for gasoline and diesel
Shanghai. November 12. INTERFAX-CHINA - On Wednesday, both Sinopec and PetroChina lifted ex-factory prices for gasoline and diesel by RMB 300 per ton (USD 36.25) and RMB 150 (USD 18.12) per ton respectively. In less than half a month, two upward adjustments to the prices have been made by the nation's two leading oil producers.
As the final retail prices at fuel stations are determined by the country's economic watchdog, the National Development and Reform Commission, and have remained unchanged since August despite the surge in the international oil price, the latest price ...