China Gasoline and Diesel Retailing Ceiling Prices to Drop

ChinaGasoline and Diesel Retailing Ceiling Prices to Drop

International crude oil prices fluctuateddownwards last week, and it is certain that China’s retail ceiling prices ofgasoline and diesel will be reduced in this price adjustment cycle ending onNovember 2. According to current statistics, the prices will be reduced byaround RMB 290/mt. But the actual prices should be issued by NationalDevelopment and Reform Commission.

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