BPEX aims to introduce petroleum price indexes
By Zhou Yan | China Daily | Updated: 2011-07-30 07:29
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Workers at the Shengli Oilfield in Dongying, Shandong province. China's ex-factory fuel prices are strictly controlled by the central government, which refers to the crude spot prices of Brent, Dubai and Indonesia's Cinta when adjusting fuel prices. Hu Qingming / for China Daily |
The oil bourse hopes to introduce the functions by the end of the year
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