Stock Groups

Sinopec expects Q4 sales prices for natural gas to rise 20% or more -Breaking

by Mike Robinson

[ad_1]

© Reuters

SINGAPORE (Reuters) – Sinopec Corp (NYSE:) Corp announced Friday that it expected sales prices in China to increase by at least 20% in the fourth-quarter compared with a year prior due to high winter heating demand, as well rising import costs.

Company executives stated to reporters and analysts that the firm is Asia’s largest oil refiner. They expect China’s gasoline consumption peaking around 2025/26.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]