Ma Shang
Ma Shang
advantage becomes control cost costs country crude facing high labor oil operating precious
With the world facing historically high crude oil prices, China's labor cost advantage becomes even more precious because no other country can control operating costs and keep them as low.
china primary regard russia source worried
China would regard Russia as the primary alternative source and OPEC is worried about that.
china primary regard russia worried
China would regard Russia as the primary alternative source, and OPEC is worried about that.
chinese gasoline industry lose sell time ton
For Chinese refineries, every time they sell a ton of gasoline or diesel, they lose 1,000 RMB. The whole refining industry is hurting.
china satisfied
Actually, China is not very satisfied with OPEC.
believe china negotiate satisfied talks
Actually, China is not very satisfied with OPEC. I believe in these talks OPEC will negotiate with China about more investments in the future.
china crude oil potential
There is a lot of potential for China to import more crude oil from Russia.