Headline Details

Chinese state oil giants take petrol price battle to the pumps

Published on: Sun, 18 Jun 2017 23:06:23 UTC
News Agency: Reuters
Description:
LULIANG, China (Reuters) - Chinese state oil giants Sinopec and PetroChina are waging war at the nation's gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 billion retail fuel market.

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