# Sinopec
Latest news and articles about Sinopec
Total: 3 articles found
Pump Pressure: China Hikes Fuel Prices Amid Global Crude Volatility
China has raised domestic gasoline and diesel prices following a period of intense volatility in international crude markets. The adjustment, effective May 8, adds approximately 12.5 yuan to the cost of a full tank for retail consumers, reflecting the NDRC's commitment to market-linked pricing.
China Defies Global Jet Fuel Surge as International Airlines Brace for a Capacity Crunch
China has maintained domestic airline fuel surcharges for May despite a global energy crisis that has seen jet fuel prices nearly double. While state intervention via Sinopec has insulated domestic travelers, international carriers are being forced to slash flight capacity and raise ancillary fees to survive $200-per-barrel oil.
Historic Surge: China’s Big Three Oil Majors Close at Daily Limit as Brent Jumps on Middle East Strike
China’s three state oil majors—PetroChina, Sinopec and CNOOC—simultaneously closed at their daily trading limit for the first time, driven by an abrupt spike in Brent crude following a US-Israel strike on Iran. The move reflects a rapid repricing of geopolitical supply risk after disruptions in the Strait of Hormuz and underscores how Chinese markets amplify global energy shocks.