BEIJING, April 16 (Xinhua) -- China will raise its retail prices of gasoline and diesel from Wednesday, based on recent changes in international oil prices, the country's top economic planner said on Tuesday. Gasoline and diesel prices will increase by 200 yuan (about 28.16 U.S. dollars) and 195 yuan per tonne, respectively, the National Development and Reform Commission announced in a statement. Under China's current pricing mechanism, the prices of refined oil products are adjusted following changes in international crude oil prices. China's three biggest oil companies -- the China National Petroleum Corporation, the China Petrochemical Corporation, and the China National Offshore Oil Corporation -- and oil refineries have been directed to maintain oil production and facilitate transportation to ensure stable supplies, the commission said. (Editor:Wang Su) |
Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businessesMan City beats Brighton 4Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECADriver charged with negligent homicide in fiery crash that shut down Connecticut highway bridgeThe federal government plans to restore grizzly bears to the North Cascades region of WashingtonBengals take OT Amarius Mims in the NFL draft as Cincinnati seeks better protection for Joe BurrowPictured: PlantVictoria Beckham does a 'USupreme Court on Donald Trump's immunity claims: Key moments, explainedAlmost 100,000 elderly patients endure 12