China Lowers Petroleum Prices in Line with Global Prices

MT Newswires Live

2024/11/07

Based on changes in international oil prices, China's domestic gasoline and diesel prices were reduced by 145 yuan and 140 yuan per ton, respectively, effective Nov. 6, according to a Press Release by the National Development and Reform Commission on Thursday.

The release said that major petroleum companies like PetroChina (SHA:601857, HKG:0857), Sinopec (SHA: 600028), and CNOOC (HKG: 0883), along with other companies, should ensure the continuous supply of petroleum at the updated prices.

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