BEIJING (AFX-ASIA) – China is facing an oil supply crisis due to rising international crude prices and falling inventories, which are expected to keep oil prices high in the run-up to next year’s Spring Festival holiday season, Xinhua news agency reported. A government official from the State Development and Reform Commission’s (SDRC) Price Monitoring Center,…
CHINA: Domestic oil supply crisis, prices to remain high into 2004
Posted on December 18, 2003 by EnergyAsia