Playing monopoly

Oil

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China Aviation Oil supplies 99% of all jet fuel into China. Its trading is handled out of Singapore by China Aviation Oil (Singapore) Corp (CAOSCO) – and while many presume CAOSCO’s fortunate position in the region is due to simple Chinese monopoly at play, the company’s stronghold in China is in fact more related to its infrastructure development.

Investor relations chief John Casey explains: “We’re part of a company: China Aviation Oil Holdings (CAOH) which controls the infrastructure, pip

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