china may cut retail fuel prices next week
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China may cut retail fuel prices next week

Arab Today, arab today

Arab Today, arab today China may cut retail fuel prices next week

Beijing - XINHUA

China will likely cut gasoline and diesel retail prices next week, as crude oil prices have dropped close to the price adjustment threshold, analysts said Saturday. The price cuts could be between 300 yuan (47.62 U.S. dollars) and 350 yuan per tonne, analysts said. It would mark the fourth cut in fuel prices this year. The 22-day moving average price of Brent, Dubai and Cinta crude on Saturday was 3.86 percent lower than when China last adjusted its fuel prices, according to data released by Chem99.com, a major oil industry service provider. Analysts at Chem99.com said they expect fuel prices to drop as early as Wednesday. The country last raised the price of gasoline by 550 yuan per tonne and diesel by 540 yuan per tonne on Sept. 11. Under China's oil product pricing system introduced in 2009, domestic fuel prices may be adjusted when the average prices of Brent, Cinta, and Dubai change by more than 4 percent over 22 working days.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china may cut retail fuel prices next week china may cut retail fuel prices next week

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china may cut retail fuel prices next week china may cut retail fuel prices next week

 



GMT 12:27 2017 Sunday ,24 September

HRH Premier congratulated by deputy PM

GMT 02:19 2017 Wednesday ,11 October

Taliban suicide blast kills 14 Nepalese guards in Kabul

GMT 17:10 2017 Tuesday ,07 February

OPEC Daily Basket Price Stood at $54.24 a Barrel

GMT 19:01 2017 Saturday ,23 September

Water-filter maker Brita encapsulates German trade

GMT 04:20 2017 Thursday ,29 June

Oil rises as US weekly production eases

GMT 23:21 2017 Friday ,11 August

Pro-government forces arrived in Tal Affar

GMT 15:18 2017 Wednesday ,04 October

Trial pitting Waymo against Uber delayed a month

GMT 21:27 2016 Tuesday ,02 August

The St. regis resort receives gold certification

GMT 09:34 2011 Tuesday ,28 June

Great Mountains Music Festival opens next month
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday