Title: Analysis on Degree of China's Petroleum Industry Prosperity in First Half of 2007
Abstract: In first half of 2007, degree of petroleum industry prosperity kept steady tendency with a slight drop. It seems like oil supply is not so tight. However, in the recent months, oil import price began a rebound and higher price has affected China's oil market. With speeding up of domestic economy growth and of input increase in petrochemical processing industry, oil demand will be quickly amplified. Under pressure of domestic demand and international oil price, degree of prosperity in petroleum industry will go upward and oil price will enter a new round of oil price growth.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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