Hongkong listed Zhenhai Refining & Chemical said it has refined 30% more crude oil in the first half of this year to meet China’s rising oil products demand. But analysts are unsure if that will translate into fatter profits as Beijing continues to hold oil product prices down fearing a resurgence of inflation, analysts told…
CHINA: Zhenhai oil refinery oil reports 30% rise in output to meet demand
Posted on July 30, 2004 by EnergyAsia