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Article: EX-WORK PRICE RISE OF REFINED OIL PRODUCTS TO PUSH UP RETAIL PRICE

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AsiaInfo Services
Article date:
November 15, 2004
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AsiaInfo Services
11-15-2004
Ex-work Price Rise of Refined Oil Products to Push up Retail Price

CHINA, Nov 15, 2004 (SinoCast via COMTEX) -- Sinopec and PetroChina, two biggest oil companies in China raised their ex-work prices of gasoline and diesel oil, which has already increased the pressure for retail prices of gasoline and diesel oil under thesituation that international oil price keeps on a high level and China's domestic demands for oil products keeps increase, according to some professionals.

From November 5, Sinopec raised the ex-work price of gasoline by CNY 300 per ton, and diesel oil ...

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