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CHINA-OIL/SINOPEC
RTR2KVE1
6 Apr. 2011
A worker at a Sinopec petrol station is reflected in... more
CHINA-OIL/SINOPEC
RTR2KVE1
6 Apr. 2011
Beijing, China
A worker at a Sinopec petrol station is reflected in a car as he fiils it with fuel in central Beijing April 6, 2011. Asia's top refiner China Petroleum and Chemical Corp (Sinopec Corp) will raise crude oil processing this year by 8 percent from 2010 to 228 million tonnes, or 4.56 million barrels per day (bpd), a Chinese website reported last month, but it did not say whether the plan would be affected by changes in crude oil costs and fuel prices in China, the world's second-largest oil consumer. The profitability of Sinopec, China's largest fuel supplier, is subject to regulated fuel pricing more than rival PetroChina Co Ltd as it has a comparatively smaller upstream portfolio to cushion downstream weakness. REUTERS/David Gray (CHINA - Tags: ENERGY BUSINESS)
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