Reports: Domestic Fuel Prices to be Raised Tomorrow
Published:
2011-04-06
According to sources at all three of China's large petroleum companies, the price of domestic refined oil products are set to rise as of tomorrow morning. Although not yet officially announced, media reports say that the wholesale price of regular petrol will go up by 500 yuan per ton (which equates to an extra 0.37 yuan per liter), while diesel prices will be lifted by 400 yuan per ton (or 0.34 yuan per liter).
Domestic fuel prices were last raised on Feb 20th, since then, international oil prices have risen sharply.
Source
China Business News
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
- The Chinese central government has made it clear that keeping prices under control is their top priority for 2011, posing a threat to Sinopec's earnings as international crude oil continues to rise
- Economic Planners Have Option of Adjusting Domestic Fuel Prices
- Housing Prices Slightly Down, but Rentals Up
- Housing Prices Show Signs of Decline
- CPC Politburo: Prices to Remain Stable Over Next 5 Years
Popular
- BOOK REVIEW
- March 2011 Issue of EO's Book Review
- Highlights from this month's issue of EO's Book Review
Interactive
Multimedia
Take a look back at some of the most important news events that helped shape China in 2010
E-paper
|
- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011