MIL-OSI Russia: Gasoline and diesel prices rise in China

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

BEIJING, June 4 (Xinhua) — China’s National Development and Reform Commission (NDRC) on Tuesday announced a price hike for gasoline and diesel fuel.

Due to changes in prices on the international oil market, retail prices of gasoline and diesel fuel will increase by 65 yuan (about $9.04) and 60 yuan per ton, respectively, from Wednesday, the department said.

The department demanded that leading Chinese oil companies, including PetroChina, Sinopec and CNOOC, make efforts to ensure stability of market supplies and implement this pricing policy throughout the country.

The committee said that in order to ensure order in the market, relevant departments in various regions should take strict measures to curb activities that violate national pricing policies, the department said in a statement. -0-

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