Sinopec First-Half Net Fell on Weak Demand

[ad_1] The company attributed a decline in revenue to lower prices for crude oil, refined oil products and chemical products and lower sales volume of petrochemical products. [ad_2] Source link

Surging Chinese Oil Demand Pushes Shipping Costs Sharply Higher

[ad_1] A burst of U.S. exports to China is driving up charter rates for the world’s biggest crude tankers. [ad_2] Source link