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Profits at two Chinese oil majors slump on low crude price

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Profits at two Chinese oil majors slump on low crude price
13 September 2015, News Wires – – Two of China’s major oil companies said on Wednesday that their profits slumped in the first half of 2015, as a sharp decline in international crude prices. Sinopec Corp., Asia’s largest refiner, posted profits of 25.4 billion yuan ($3.96 billion), down 22 percent from 32.5 billion yuan a year […] More »
Profits at two Chinese oil majors slump on low crude price Profits at two Chinese oil majors slump on low crude price Reviewed by Crude Oil Facilitators on 21:40 Rating: 5

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