人民网
Wed,Feb 26,2014
English>>Business

Editor's Pick

China raises retail oil prices

(Xinhua)    18:44, February 26, 2014
Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

BEIJING, Feb. 26 -- China's top economic planner announced on Wednesday that it will raise the per-tonne retail price of gasoline by 205 yuan (33.61 U.S. dollars) and diesel by 200 yuan as of Thursday.

The increase, the first this year, will see benchmark retail prices of gasoline go up by 0.15 yuan per liter and diesel increase by 0.17 yuan per liter, the National Development and Reform Commission said in a statement.

The commission attributed the increase to rising international oil prices.

Under China's new pricing regime, which came into effect in March 2013, domestic fuel prices are adjusted when international crude costs reflect a change of more than 50 yuan per tonne for gasoline and diesel over a period of 10 working days.

(Editor:YanMeng、Yao Chun)

Related reading

We Recommend

Most Viewed

Day|Week|Month

Key Words

Links