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“The Kazakhstan-China crude oil pipeline is also an important catalyst to push oil business cooperation between the two countries.”
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“With the world facing historically high crude oil prices, China's labor cost advantage becomes even more precious because no other country can control operating costs and keep them as low.”
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“There is a lot of potential for China to import more crude oil from Russia.”
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“It won't be put into practice.”
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“For Chinese refineries, every time they sell a ton of gasoline or diesel, they lose 1,000 RMB, ... The whole refining industry is hurting.”
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“For Chinese refineries, every time they sell a ton of gasoline or diesel, they lose 1,000 RMB. The whole refining industry is hurting.”
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“China would regard Russia as the primary alternative source and OPEC is worried about that.”
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“Actually, China is not very satisfied with OPEC. I believe in these talks OPEC will negotiate with China about more investments in the future.”
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“China would regard Russia as the primary alternative source, and OPEC is worried about that.”
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“Actually, China is not very satisfied with OPEC.”
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