China to increase natural gas production

Note: This section contains information in English only.
Source: China.org.cn
China's natural gas production is likely to rise by 11% this year, attaining 113 billion cubic meters, reported the China Petroleum and Chemical Industry Federation. Country also is likely to increase the output of diesel and gasoline by 5% to 280 million tons. China's apparent crude oil consumption is expected to achieve 480 million tons in 2012, expanding 5.3% from 2011.


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Thu, 12 Jan 2012 19:16:43 GMT

US initial jobless claim hit the six-week high

The number of people applying for unemployment benefits in the US increased last week, reaching the six-week high. The number of jobless claims added 24,000 to seasonally adjusted 399,000 while experts predicted the figure to stay unchanged at 375,000 over last week. However, the number remained below 400,000 indicating the recovery of the US labour market.

Thu, 12 Jan 2012 19:16:24 GMT

China's CPI growth declined to 4.1% in December

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