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Oil Price on the Rise

The photo taken on Aug. 25 shows a worker at the PetroChina gas station at Xuanwumen, Beijing is refueling a car.

The price of gasoline and disel oil begin to rise on that day. Oil's retail price is allowed to fluctuate 8% on the basis of the government set price.

(People's Daily  August 27, 2004) 

 

World Oil Price Spike Hits Chinese Market
World Oil Price Spike Hits Chinese Market
Oil Price May Pose Threat to Economy
Price Hikes for Gasoline, Diesel
Petroleum Corp Raises Prices for Gasoline, Diesel
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