China's Oil Giants Facing Historic Loss
China's Oil Giants Facing Historic Loss
BEIJING, CHINA--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Two of China's oil giants say they are facing a billion-dollar deficit this year because of the rising price of oil.
Companies featured: JPMorgan Chase & Company (NYSE:JPM), China Petroleum & Chemical Corporation (Sinopec) (NYSE:SNP)
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