The international Oil Prices Have Soared

Source: China Economic Net

◆The international oil prices have soared.

◆OPEC package oil price has broken to $110 /barrel.

◆High oil prices will delay the momentum of economic recovery.

◆Don't exclude the possibility of world economy "second agent bottom".

◆Political influence in the Middle East is the root cause of rising oil prices.

◆High oil prices pushed up the cost of production in China.

◆The new electric car lithium battery can be charged in 10 minutes.

◆"The Twelfth Five-Year Plan" will around the target of making the central enterprises strong and optimal.

◆Sinopec signed the large order again and will require 4.3 million tons of liquefied natural gas(LNG) each year.

◆France set upper limit of 500 MW on annual solar installation.