◆Though experienced a trough, the international oil price bounced.

◆It is expected that domestic refined oil price would be likely to decrease by 500 to 600 yuan per ton till July 11th.

◆The total consumption of petroleum will break 700 million tons by the end of 2020.

◆Other news

1)More European energy corporations turn to China for merge and acquisition.

2)CNOOC discovered natural gas in Bohai Bay.

3)Investment in thermal power has been falling for six years, and the five power generation corporations take serious loss.