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 Sinopec Adjusts HK Oil Price 3 Times In 3 Months
 
CreateTime:2011-08-02     Source:CapitalVue Editor:houhaizhen
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August 1 -China Petroleum & Chemical Corporation (Sinopec) (600028,0386.HK) and Shell decided to increase fuel prices by 0.18 yuan per liter as a result of rise in international prices, reports yicai.com. The after-tax selling prices of two types of fuel hit HK$16.7 and HK$17.64, respectively.


Sinopec lowered its fuel prices twice in Hong Kong in May and July.


In mainland China, the National Development Reform (NDR) never made any adjustment after it raised its price twice, in February and April.
 


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