China's NDRC Announces Increase in Gasoline and Diesel Prices Effective July 17
Stock News
Jul 17
According to the National Development and Reform Commission (NDRC), domestic refined oil product prices have been adjusted.
Since the last adjustment on July 3, international market crude oil prices have experienced volatile increases. The average price over the 10 working days preceding this adjustment was higher than the average price over the 10 working days preceding the last adjustment.
In response to changes in international market oil prices, starting from 24:00 on July 17, the domestic prices for gasoline and diesel (standard products) will be increased by 300 yuan and 290 yuan per ton, respectively.
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