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CN to Lower Refined Oil Prices Starting Tmr
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In light of recent changes in international oil prices and in accordance with the prevailing refined oil pricing mechanism, domestic gasoline and diesel prices in China will be reduced by RMB480 and RMB465 per ton, respectively, effective from midnight on April 18, the National Development and Reform Commission (NDRC) announced. The NDRC directed PETROCHINA (00857.HK), SINOPEC CORP (00386.HK) CNOOC (00883.HK), and other crude oil processors to ensure stable production and supply of refined oil, maintain market stability, and strictly adhere to national pricing policies. AAStocks Financial News |
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