Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
Most Searched: Mass line  Two sessions  CPPCC  NPC  Xi Jinping   

China cuts retail oil prices

English.news.cn   2014-07-21 17:52:17

BEIJING, July 21 (Xinhua) -- Cuts in the retail price of gasoline by 245 yuan per tonne (39.80 U.S. dollars) and that of diesel by 235 yuan from Tuesday, were announced by China's top economic planner on Monday.

The adjustment means the benchmark retail prices drop by 0.18 yuan per liter for gas and 0.2 yuan per liter for diesel, according to the National Development and Reform Commission (NDRC).

A pricing regime that came into effect last year adjusts domestic fuel prices when international crude prices change by more than 50 yuan per tonne for 10 working days.

Editor: Fu Peng
Related News
Home >> China            
Most Popular English Forum  
Top News  >>
Photos  >>
Video  >>
Top China News Latest News  
  Special Reports  >>