BEIJING (XFN) – China Petroleum & Chemical Group (Sinopec Group) and China National Petroleum Corp (CNPC) will use their oil reserves to stabilise the oil supply in Shanghai if needed, the Shanghai Morning Post reported. The newspaper said China’s domestic gasoline and diesel oil prices, which are based on prices in Singapore, New York and…
CHINA: Sinopec Group, CNPC to use reserves to stabilise Shanghai oil supply if needed
Posted on March 28, 2003 by EnergyAsia