SOURCE: Industrial Info Resources

November 27, 2007 05:22 ET

NDRC Sets Guidelines for China's Refined Oil Supply, an Industrial Info News Alert

BEIJING--(Marketwire - November 27, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In Early November, the National Development and Reform Commission (NDRC) gathered officials from China National Petroleum Corporation (CNPC) (Beijing) and China National Petroleum and Chemical Corporation (Sinopec) (Beijing) to analyze market demand and supply after the price of refined oil in China began to increase on November 1, 2007. Several measures to ensure market stability were proposed.

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