CNPC, Sinopec push up oil prices to cut stockpiles
China National Petroleum Corp (CNPC) and China Petroleum &Chemical Corporation (Sinopec), the country’s leading oil and gas producers, began to heat up wholesale prices of refined oil following the rebound of crude oil prices in the international marketplace.
Between Feb. 20 and Feb. 22, wholesale prices of diesel and gasoline rose more than 100 yuan ($14.64) [...]