China cuts retail oil prices
Oil station
Beijing - QNA
China's top economic planner announced cuts in the retail price of gasoline by 190 yuan per tonne (31 U.S. dollars) and that of diesel by 185 yuan.
The adjustment, to be effective on Tuesday, means benchmark retail prices will drop by 0.14 yuan per liter for gas and 0.16 yuan per liter for diesel, according to the National Development and Reform Commission (NDRC).
It is the sixth time retail oil prices have been cut this year. The last cut came on July 22, Chinese News Agency (Xinhua) reported.
A pricing regime that came into effect last year adjusts domestic fuel prices when international crude prices change by more than 50 yuan per tonne for 10 working days.
- Friday ,14 December GMT 18:55 2018 Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field
- Sunday ,09 December GMT 13:35 2018 OPEC+ deal to ensure stability of oil price, that is positive for Russia
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 13:29 2018 Thursday ,13 December
Erdogan vows Syria offensive as US warns against military action
GMT 07:51 2017 Sunday ,29 October
5 things to see at the Tokyo Motor Show
GMT 06:40 2015 Wednesday ,15 July
Syrian forces deal heavy blow to rebels in border area
GMT 06:10 2017 Sunday ,03 December
Buy it with bitcoin in New York, but it's not cheap
GMT 12:37 2017 Monday ,16 January
Al Ain’s diverse programme of cultural activities announced
GMT 07:31 2018 Saturday ,13 January
Fresh Tunisia arrests over wave of unrest
GMT 00:13 2015 Tuesday ,24 March
Kuwait riot police break up opposition protestGMT 08:03 2012 Tuesday ,24 January
Rushdie to address festival by video
GMT 09:23 2018 Sunday ,25 November
Cloudy weather, temperature remains below average
GMT 12:55 2017 Thursday ,14 September
Houthi militants targeted security personnel in Taiz killing four
GMT 13:24 2017 Tuesday ,25 April
Wael Jassar hires “Arabica Music” to handle his business
GMT 23:01 2014 Saturday ,19 July
PLO leader urges ending Israeli onslaught on Gaza
GMT 20:09 2018 Monday ,08 January
Saudi students abroad get 10% stipend raise
GMT 12:27 2018 Tuesday ,02 January
German New Year fireworks kill two, leave child injured
GMT 15:06 2015 Sunday ,05 April
Fujairah announces opening of Radio and TV Stations in new African State
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor