UPDATE 1-Pressure on China majors as oil shortages spread

Newswire

(Adds price increases, paragraph 12) By Emma Graham-Harrison BEIJING, Aug 16 (Reuters) - Closed service stations, fuel rationing and hours-long gas queues plaguing China's southern manufacturing heartland of Guangdong are piling pressure on the country's oil majors to boost supply into the loss-making market. In the provincial capital Guangzhou, pumps at most independent stations are dry, while some bearing the names of large firms were limiting customers to 100 yuan ($12.35) worth of ...

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