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  • August 20, 2014
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Results 21 - 30 of 76557 for gasoline and diesel usage and pricing

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  1. Mainland refiners receive earnings boost from adjusted fuel prices

    Posted Mar 26th 2009, 12:00am by Eric Ng

    ... yuan per tonne and diesel by 160 yuan after sharp falls in crude prices. New York oil futures jumped to US$53.98 per barrel on Tuesday from US$35.40 on January 15. After the latest price rise, the maximum allowed retail petrol price in Beijing is 6,930 yuan, 4.4 per cent higher than before, and that of diesel is 6,260 yuan, 2.6 per cent higher. Prices vary across regions. A spokesman said ...

  2. China Southern sinks 3.9pc on gloomy forecast

    Posted Sep 01st 2009, 12:00am by Charlotte So

    ... share-price target to HK$1.77 from HK$1.80. Shares in China Southern, the mainland's largest carrier by fleet size and passenger numbers, dropped as much as 7 per cent before closing 3.94 per ... remained in the doldrums, while domestic demand would be overshadowed by overcapacity in the second half. The carrier is fully exposed to any increase in global oil prices after it terminated all ...

  3. Consumer Council's online guide to cheapest fuel runs into criticism

    Posted Feb 24th 2009, 12:00am by Staff Reporter

    ... the needs of motorists, who would not switch oil companies just because of lower prices. The website- Consumer.org.hk/pricewatch/oilwatch/- was launched yesterday. It showed Sinopec offered the cheapest petrol, while Caltex had the cheapest diesel. Drivers can also enter their preferences, such as which credit card will be used and bonus schemes, and the lowest price will be worked out. ...

  4. Boycott plan to cut petrol prices

    Posted Oct 05th 2008, 12:00am by Staff Reporter

    ... Eva Wu A concern group monitoring fuel prices is appealing to drivers to boycott particular oil firms from next month to push for further price cuts. Stanley Chaing Chi-wai, spokesman for the Fuel Price Concerning Transportation Joint Conference, criticised the government for failing to monitor oil companies, leaving drivers to suffer high fuel prices, despite a drop in global oil ...

  5. Consumers losing out in a 'free market'

    Posted Dec 31st 2008, 12:00am by Joseph Cheng

    ... Joseph Cheng In the past six months, oil prices have fluctuated sharply, rising to more than US$150 per barrel and then dropping to below US$50 per barrel. Hong Kong people have an important question: why do local oil prices at the retail level rise rapidly and fall much more slowly? Have consumers been unfairly treated? Oil obviously plays an important role in the economy. ...

  6. Beijing's fuel reform compromise still begs questions

    Posted Dec 08th 2008, 12:00am by Eric Ng

    ... Eric Ng Beijing has finally unveiled its long-awaited proposed reform of the retail fuel price-setting mechanism, but hopes that oil refiners will enjoy guaranteed profit margins remain elusive as the government has stated clearly that it holds ultimate control on prices. In addition to a lack of mention of allowable refining margins, previously rumoured details about the degree ...

  7. Cathay surges on drop in oil prices

    Posted Aug 13th 2008, 12:00am by Charlotte So

    ... Charlotte So Shares of Cathay Pacific Airways rose as much as 8.57 per cent yesterday as crude oil prices fell further, helping to ease pressure on the carrier. But those of China Southern Airlines, China Eastern Airlines Corp and Air China slid as much as 10.66 per cent because these carriers cannot immediately benefit from the drop in oil as the mainland controls fuel prices ...

  8. Shell forecasts high growth for lubricant sector

    Posted Sep 15th 2008, 12:00am by Eric Ng

    ... raised petrol and diesel prices by about 17.5 per cent on June 20. Mr Pirret said car owners only accounted for 15 per cent of the mainland lubricant demand last year, with 46 per cent coming ... said vice-president of lubricants business David Pirret. International crude oil prices surged 40 per cent in the past year to US$107 a barrel. This is down from a record high of US$147.27 ...

  9. Explore all the options for future of ferries

    Posted Nov 10th 2008, 12:00am by Staff Reporter

    ... fares by 64 per cent to maintain current services. Rising fuel prices brought the problems of the operators to a head before negotiations on new three-year contracts this year. The Transport ... With fuel prices likely to remain volatile, however, the senior source acknowledged a risk that privately owned ferry services may one day become non-viable. The administration should not make ...

  10. Wave of Guangdong factory closures expected to worsen

    Posted Jun 21st 2008, 12:00am by Denise Tsang, Fiona Tam

    ... and the increase in the other costs of production. Alice Kwan, whose factory in Shenzhen makes packaging products for Coca-Cola and Disney, said higher diesel prices forced the factory to switch ... Denise Tsang and Fiona Tam in Shenzhen The surprise decision to lift fuel and power prices has added to the cost burden of Hong Kong entrepreneurs across the border, raising fears ...




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