China cut retail prices of petroleum products
Date: 12:25, 21-08-2015.
Almaty. August 21. Silkroadnews - China on Tuesday announced a reduction in retail prices for gasoline and diesel fuel. Changes entered the force on Wednesday, reported the newspaper "People's Daily".
A liter of gasoline will fall in price by 0.16 yuan per liter, diesel will drop in price by 0.18 yuan.
This is the fifth decline in the prices of oil products in China from June and eighth form the beginning the year.
China revises the cost of petroleum products in the domestic market every 10 days, taking into account the trend of growth or decline in oil prices in the global market. Pricing policy changes in China, if the amplitude of fluctuations in the value of oil in the world reaches 50 or more yuan per ton.
