international oil prices articles & resources on Made-in-China.com

China to Lower The Prices of Both Gas and Diese

Apr 30, 2019

China will lower the retail prices of both gas and diesel by 85 yuan (12.3 U.S. dollars) per tonne from Wednesday due to falling international prices, according to the country's top economic planner. It will be the second oil price cut ...

Tags: gas, diesel

China Sets Floor for Retail Fuel Pricing

Jan 13, 2016

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

China's Price Move Signals Discomfort with Plunge

Dec 21, 2015

The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...

Tags: oil product, crude oil

SBP Slashed Key Interest Rate to a Record Low of 7 Per Cent at The Weekend

May 26, 2015

The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...

Tags: Pak Central Bank, economic policies

Increase Followed Gains in International Oil Prices Due to a Tense Geo-Political Situation

May 12, 2015

The NDRC said the increase followed gains in international oil prices due to a tense geo-political situation in the Middle East and a weakening dollar.China has a pricing regime which adjusts domestic fuel prices when international crude ...

Tags: international oil prices, Retail Prices

Chinese Oil Companies Prompted to Reduce Output

Jan 11, 2015

Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...

Tags: crude prices, Crude Oil

China to Reduce Import Tariffs of Camera Lenses in 2015

Dec 18, 2014

The Finance Ministry announced it would lower import tariffs on some goods including camera lens from January 1 to support industrial development and to refine the trade mix. The ministry said applocable imports included manufacturing ...

Tags: Import Tariffs, Camera Lenses

China Announced on Friday a Rise in The Retail Price of Gasoline and Diesel

May 28, 2014

China's top economic planner announced on Friday a rise in the retail price of gasoline and diesel, both by 70 yuan (11.35 U.S. dollars) per tonne as of Saturday. The move means that the benchmark retail prices of gasoline and diesel will ...

Tags: Oil Products, Crude Oil

China May Raise The Price of Refined Oil on Thursday

Nov 29, 2013

China may raise the price of refined oil on Thursday, which would mark the seventh such increase within a year, industry analysts predicted. The upward adjustment of the refined oil price is predicted to be 100 yuan ($16) per ton, ...

Tags: Refined Oil, Crude Oil

Philippines' Largest Oil Refiner and Marketeer Petron Corp Has Sold 22 Million Barrels

May 9, 2013

The Philippines' largest oil refiner and marketeer Petron Corp has sold 22 million barrels of oil products in the first quarter of this year, rising 66% from the same period in 2012, the company said in a statement Monday. The increase ...

Tags: Petron, Oil Products

Chavez Died Tuesday in Caracas After an Almost Two-year Battle with Cancer

Mar 7, 2013

Venezuelan President Hugo Chavez died Tuesday in Caracas after an almost two-year battle with cancer and 14 years of a dominating socialist presidency that leaves the country with the world's largest oil reserves mired in uncertainty. The ...

Tags: oil reserves, Chavez death, medical condition

LED Lighting Market in Taiwan Will Keep Growing a Little Slower Pace

Sep 19, 2012

In response to the government's decision to postpone an increase in power prices originally scheduled for the December 10, 2012, Taiwan-based LED chip packaging company Everlight Electronics indicated that the LED lighting market in Taiwan ...

Tags: LED lighting

Cement Sector Players in Oman Are Scaling up Their Production Capacity

May 7, 2012

Oman Daily Observer reported that cement sector players in Oman are scaling up their production capacity to meet the ever rising local demand and also from the countrys export markets like Yemen and some East African nations. Till recently, ...

Tags: market view, cement, price

Taiwan's Fastener Industry Produced Nt$33 Billion of Various Items in The Q3 of 2011

Mar 12, 2012

Bearish outlook due to sluggish American and EU economies and financial woes Despite the European debt crisis, anemic American economic recovery, and disrupted car-making and PC sector after the earthquake in Japan last March, ...

Tags: Market View, Fastener

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