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Oil Refining Empire Helps Sinopec Beat Chinese Energy Rivals - Bloomberg
Bloomberg | Oil Refining Empire Helps Sinopec Beat Chinese Energy Rivals Bloomberg “Sinopec continues to be a defensive play among China's Big Three oil companies as its huge refining exposure puts it in a good position to benefit from a low crude price environment,” Gordon Kwan, head of Asia oil and gas research at Nomura Holdings Inc. Sinopec profit slips as refining fails to counter oil crash Sinopec's interim profit slumps 21.6pc, as falling global oil price outweighs gains from refining World's biggest oil refiner reports profit falls by a fifth |
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