Ticker	Volume	Price	Price Delta
DJIA	15,294.50	-12.67	-0.08%
S&P 500	1,650.51	-4.84	-0.29%
Nasdaq	3,459.42	-3.88	-0.11%

Ticker

Volume

Price

Price Delta

DJIA

15,294.50

-12.67

-0.08%

S&P 500

1,650.51

-4.84

-0.29%

Nasdaq

3,459.42

-3.88

-0.11%

Ticker	Volume	Price	Price Delta
STOXX 50	2,767.76	-9.02	-0.32%
FTSE 100	6,654.05	-42.74	-0.64%
DAX	8,299.40	-52.58	-0.63%

Ticker

Volume

Price

Price Delta

STOXX 50

2,767.76

-9.02

-0.32%

FTSE 100

6,654.05

-42.74

-0.64%

DAX

8,299.40

-52.58

-0.63%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

Russia, China Will Allow Planned Tianjin Refinery to Export Fuel

By Ilya Khrennikov - 2012-09-07T14:32:34Z

Russia and China have agreed to allow OAO Rosneft and China National Petroleum Corp. to export oil products from their planned Tianjin refinery north of Beijing, the head of Russia’s largest oil producer said today.

The ability to export oil products will improve the profitability of the refinery, Rosneft President Igor Sechin told reporters at the Asia-Pacific Economic Cooperation summit in Vladivostok, Russia.

CNPC and Rosneft announced plans to build a 13 million metric-ton refinery in Tianjin in 2010, according to the Russian producer’s website. The state-owned Chinese company owns 51 percent of the joint venture.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.