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CN To Lower Refined Oil Prices Starting Midnight Tonight
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Based on recent changes in international oil prices and in accordance with the prevailing refined oil pricing mechanism, the gasoline and diesel prices in mainland China will be reduced by RMB280 and RMB270 per ton, respectively, starting at midnight tonight (20th), the National Development and Reform Commission (NDRC) announced.

Major oil companies, including PetroChina, Sinopec, and CNOOC, along with other crude oil processors, are tasked with ensuring the production and distribution of refined oil products to maintain a stable market supply while stringently adhering to national pricing policies.

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