China will not cut its domestic retail fuel prices when international oil prices fall below 40 U.S. dollars a barrel, the country's economic planner said on Wednesday. Previously, China set a ceiling for domestic retail fuel prices, which ...
Tags: Retail Fuel Pricing, oil products
It's being reported that China's top economic regulator is planning to keep fuel price adjustments on hold for the time being. The National Development and Reform Commission is said to be planning to suspend its price adjustments as it ...
Tags: Fuel Price Adjustments
China's top economic planner, the National Development and Reform Commission, announced on late Thursday afternoon that the authority decided to reduce the retail price of gasoline by 240 yuan ($38.73) a metric ton, or 0.18 yuan per liter, ...
Tags: Gasoline Price, Gas
Each month, North Coast Research surveys a large sample of paint retailers throughout the U.S. to get a sense for current business trends. Please note that of the three primary architectural coatings channels (paint stores, home centers ...
Tags: Coatings Industry, paint stores, home centers, Construction
Chinese oil giants China Petroleum & Chemical (Sinopec; 600028.SHA) and PetroChina (601857.SHA) reported strong results in the third-quarter on China's new oil-pricing system, The Wall Street Journal reported. Sinopec on Tuesday posted a ...
Tags: State Price, Petrochina, Sinopec
The top three carriers on Today's Trucking's Top 100 For-Hire Canadian fleets — TransForce, Mullen Group, and Vitran — have finished reporting their second-quarter 2013 results. Each company reported revenue drops of various ...
Tags: Transforce, Mullen
Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments. Mullen’s Q2 revenue was $310.3 ...
Tags: Mullen Group, Capital Spending
Global oil prices are unlikely to drop below $100/b until 2025, supported by OPEC's market management efforts and crude demand growth in Asia, Leonid Fedun, vice president of Lukoil said Tuesday, presenting key findings of the company's ...
Tags: Oil Prices, OPEC's market
The average run rate at "teapot" refineries in China's Shandong province dropped to 36.5% in April from 42% in March, due to slow sales of oil products, according to data from Beijing-based energy information provider JYD Commodities Hub. ...
Tags: Apr, oil products
China is considering to make changes to its oil pricing mechanism by both shortening the price review period and removing the price fluctuation limitation of a basket of crudes used to adjust retail oil product prices, the official Xinhua ...
Tags: China, Oil Pricing, Mechanism
The News reported that the Pakistan State Oil aims to transform from a simple marketing and distribution company to a global energy company by developing an integrated supply chain which incorporates aspects of exploration, refining, ...
Tags: oil, natural resources, PSO