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CN To Raise Gasoline/ Diesel Prices by RMB75/ RMB70 per Tonne
China's National Development and Reform Commission announced that prices of domestic gasoline and diesel (standard products) will be raised by RMB75 and RMB70 per tonne respect...
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China's National Development and Reform Commission announced that prices of domestic gasoline and diesel (standard products) will be raised by RMB75 and RMB70 per tonne respectively, effective from 24:00 on May 21, based on changes in international oil prices.

The authority noted that since the last domestic refined oil price adjustment on May 8, international crude oil prices fluctuated upward before retreating.

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PetroChina, Sinopec, CNOOC and other crude oil processors are required to properly organize the production and transportation of refined oil products to ensure stable market supply and strictly implement national pricing policies.

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