无码中文字幕一Av王,91亚洲精品无码,日韩人妻有码精品专区,911亚洲精选国产青草衣衣衣

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China cuts retail fuel prices

Xinhua | Updated: 2017-06-24 13:25

BEIJING - China will cut the retail prices of gasoline and diesel for the sixth time this year from Saturday following a drop in global oil prices, the country's top economic planner said Friday.

Gas price will decrease by 250 yuan (about $36.76) per ton, while the diesel price will be lowered by 240 yuan per ton, according to the National Development and Reform Commission (NDRC).

China adjusts domestic retail oil prices when international crude prices change by more than 50 yuan per ton within a 10 working-day period.

Global crude prices have fallen in recent weeks after major oil producing countries such as the United States, Liberia and Nigeria increased output, while US oil consumption remained sluggish. The production glut will continue next year.

The NDRC does not expect a consistent drop in global crude prices due to the likelihood that OPEC will step in to cut output to stem price declines.

Unstable situations in Liberia and Nigeria will also bring uncertainties to global oil output.

The NDRC said it was closely monitoring the current pricing mechanism and would continue improvements based on market changes.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US