Top Asian oil refiner Sinopec estimated that its net profit in the first half of this year would fall by more than 50% compared with the same period a year ago after soaring crude prices pushed its refining business deep into the red.
China hiked retail gasoline and diesel prices by up to 18%, sending oil prices tumbling as Beijing moves to temper demand at the risk of stoking domestic angst over skyrocketing inflation.
China hiked retail gasoline and diesel prices by up to 18%, sending oil prices tumbling as Beijing moves to temper demand at the risk of stoking domestic angst over skyrocketing inflation.
In the movie, Kung Fu Panda, Master Oogway, the old wise tortoise tells Dustin Hoffman's red panda character Shifu, "There are no accidents".... Read More