Petroleum products price rises today; new pricing mechanism strives to come on this year

£¨China Aluminium Network) October 25 evening news, the National Development and Reform Commission announced from 24:00 on October 26, the price of petrol and diesel oil will rise by 230 Yuan RMB and 220 Yuan RMB per ton respectively, or 0.17 Yuan RMB per liter for petrol and 0.19 Yuan RMB, per liter for diesel oil.

It is learned that since June 1st, domestic petrol and diesel oil price was decreased; oil price in international market has kept between 70 and 80 dollars a barrel. Since the end of September, oil price in international market has risen quickly to more than 80 dollars a barrel.

Price department head of the Development and Reform Commission said “ therefore, according to the price mechanism of current petroleum products, China decides to raise the price of petrol and diesel oil appropriately

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