FIRST, selected securities in upstream and the integrated oil sector in Asia, especially in China, did not fully adjust to lower oil prices, therefore a rebound is less likely.

第一，亚洲尤其是在中国的上游和综合性的石油行业相关股票不会受到影响。因为这些地区油价下跌时并没有按照国际市场的油价来进行调整，因此反弹的可能性较小。

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The transportation sector would be regulated "upstream, " at the fuel import point.

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On energy cooperation, there are already a number of American companies providing a range of upstream and downstream services in our oil and gas sector.

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