CNPC and Sinopec stop supplying refined oil to some private filling stations (Source:ccvic.com)

◆ International oil price soars; Domestic oil demand increases
Supply-demand tension of refined oil in China is intensified by rapid increase of international oil price
Domestic overdemand of refined oil adds pressure to the suppliers
Oil companies are reducing or cutting off refined oil in avoidance of incoming "Oil Shortage"
◆ Electricity and coal supply in short,first coal pilot reserves will be developed
◆ Energy economic situation and trend in the first quarter of 2011