Oil Prices and Fuel Tax Reform start now
State Council Executive Meeting considered the product oil prices and fuel tax reform program, and decided to conduct public consultation on the community.
Three Major Oil Enterprises competing for the “Oil Store”
In the face of the cheap oil and gas resources from the Wall Street Financial Storm, Chinese oil and gas giant chose the decisive shot. Following the 40 million tons LNG contract between PetroChina and Shell company on Monday, Total, the CNOOC negotiating partner, announced that on Wednesday the both sides will sign the final LNG purchase and sale agreement.
The wholesale price of refined oil rises then the promotion of the private oil station is difficult to continue
Affected by the fuel tax policy will be introduced soon, the wholesale price of refined oil in Fuzhou rose up. Only in 4 days, the whloesale price of diesel and #93 petrol have been risen by 17% and 9% respectively.
In the industry: increasing Oil Prices intended to curb the Price Cut Fad of Private Gas Station
When some private gas station in Haikou are making further price promotions, today, China National Petroleum Corporation suddenly raised the wholesale price of refined oil, to take at advantages of the private gas station in promotional activities by surprise.
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- Oil Activity
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Dumping Oil and Diesel of Oil Company A private gas station near the Beijing Jiuxian...
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