Markets > Commodities

Moving average of reference crude oil prices up 5.82 pct by Sept.8

BEIJING
2015-09-09 10:01

Already collect

The moving average of the basket of crude oil prices, to which China's product oil prices are pegged, gained 5.82 percent as of September 8 from the latest cycle of fuel prices adjustment, according to Xinhua's calculations.

Table 1: Change of moving average of crude oil price basket

Date

September 4

September 7

September 8

Change rate

6.48 percent

5.97 percent

5.82 percent

September 9 is the fifth working day in current 10-working day cycle.

Under current mechanism, benchmark prices of gasoline and diesel will be adjusted every 10 working days except when the adjustment is less than 50 yuan/tonne. The unrealized change would be counted into the following cycle of price adjustment.

Add comments

Latest comments

Latest News
News Most Viewed