Friday, May 20, 2011

Price pressure on oil products

Price pressure on oil products in the Bank of China International Securities-China Dong Xiucheng Vice Dean, College of business administration from China University of petroleum, said production of oil is the Foundation, its price increases impact will be relatively wide. Oil product prices on public transport, transport, aviation, agriculture and other industries have a direct impact. "For oil prices rise after subsidies and compensation mechanisms is not keeping up. "For the rise in international oil prices will go through how long transmitted to domestic, Dong Xiucheng believe that domestic oil product prices to rise, decision-making is also a need for a comprehensive consideration of the Government of...

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