Free Trial

MNI BRIEF: NDRC Holds Gas And Diesel Prices Steady

MNI (BEIJING)
MNI (Beijing)

Prices of gasoline and diesel will be held steady in China’s domestic market despite recent international oil market volatility, the National Development and Reform Commission said on Monday.

The state economic planner noted recent changes in international oil prices did not justify changing domestic levels according to the refined oil price mechanism and petroleum price management rules.

Keep reading...Show less
112 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Prices of gasoline and diesel will be held steady in China’s domestic market despite recent international oil market volatility, the National Development and Reform Commission said on Monday.

The state economic planner noted recent changes in international oil prices did not justify changing domestic levels according to the refined oil price mechanism and petroleum price management rules.

Keep reading...Show less