News Headline Summary

China oil price increase is good news for Sinopec (386 HK), according to Bernstein

Update details:

- China is to raise diesel prices by 3.4% and gasoline prices by 3.2%, effective Monday according to the National Development and Reform Commission.

Reaction details:

- Co. shares unmoved following this headline.

Print 02:37, 25 Feb 2013 - Asian News - Source: Newswires