CNPC cuts petrol prices in Beijing
2007-03-10 11:14:51
The Beijing branch of China National Petroleum Corporation (CNPC) Friday lowered petrol prices at about 100 gas stations in Beijing.
New oil-pricing system mulled
2007-01-30 16:18:23
The country will consider its domestic oil supplies and consumer purchasing power when setting refined oil prices under a new system designed to link them with global crude markets.
Nation to raise natural gas prices gradually
2007-01-29 14:58:24
China will raise domestic natural gas prices gradually to bring them in line with the international market.
Few object to lifting gas price in Beijing
2006-12-23 08:32:02
A public hearing to consider a rise of almost 8 per cent in domestic natural gas prices ended on Friday, with few objections heard.
What should determine the domestic oil price?
2006-11-02 14:57:31
With international oil prices the subject of intense scrutiny and debate, the price mechanism for oil in China has also been targeted. Many people, noting that the domestic price of oil went up with the price of international crude oil, are wondering when the price of refined oil will be lowered now that the international price has fallen.
'China factor' fades as int'l oil price tumbles
2006-11-02 09:33:32
The drop in the oil price is good news for China's oil imports. In the first nine months, China's imports of crude oil rose 16.3% to 109 million tons.
Transparent oil-price plan
2006-10-16 08:58:52
A mechanism should be set up to connect domestic oil prices with the international market.
Expert urges prudence in domestic oil price cut
2006-10-12 11:28:15
China may not reduce its domestic price for refined oil products in the short term even though international crude oil prices have dived 20 percent in the last three months, according to experts with the state macro-economic control institution.
Falling oil price offers opportunities to narrow price gap
2006-10-05 09:07:29
Niu Li, an economist with the State Information Center, said if the international crude oil price continues to fall and remains at a lower level, the Chinese government should accelerate its pricing reform on processed oil.
Air China hamstrung by soaring oil price
2006-08-31 07:49:09
Due to soaring oil prices, the largest mainland carrier Air China posted a 22.5 per cent drop in net profits to 458 million yuan in the first half, compared with 591 million yuan a year ago.
Futures trade enhances oil price-fixing capacity
2006-08-25 11:51:15
Friday marks the two-year anniversary of fuel oil trade on the Shanghai Futures Exchange (SFE) and the increasingly brisk trade has led to the development of a price-fixing system based on supply and demand in China's fuel oil market.
More measures needed after oil price increase
2006-06-09 10:03:30
The price of refined oil has been raised many times in China. It is of vital importance that the country's oil price is pegged to that on the world market and is subjected to market forces.