A few days ago, we learned from the official website of the National Development and Reform Commission that the current round of product oil price adjustment was affected by multiple factors and the international oil price maintained a volatile pattern at the current level. Therefore, this round of refined oil price adjustment ushered in the eighth stranded during the year.
Development and Reform Commission
Since November 30, 2017, the domestic oil price adjustment window period, the international market oil prices continue to fluctuate slightly, according to the current domestic refined oil price mechanism, the average price of the first 10 working days on December 14 and before November 30th. In comparison with the average price of the working days, taking into account the unadjusted amount on November 30, the accumulative price adjustment amount is less than 50 yuan per ton. According to Article 7 of the “Administrative Measures on Oil Priceâ€, the price of gasoline and diesel will not be adjusted this time, and the unadjusted amount will be included or offset during the next price adjustment. We are closely following the operating conditions of the refined oil price formation mechanism and combining the changes in the domestic and international oil market conditions to further study and improve.
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