China Cuts Retail Ceiling Price of Gasoline by CNY190/MT

摘要

China's National Development & Reform Commission (NDRC) cut retail ceiling price of 90-Ron gasoline by yuan (CNY) 190/MT, and that of zero pour point diesel oil by CNY185/MT on August 19, due to drop in international crude oil prices. The average retail prices of gasoline and diesel oil are expected to go down CNY0.14/liter and CNY0.16/ liter, respectively.