Markets > Commodities

Moving average of reference crude oil prices up 2.35 pct by Oct. 14

BEIJING
2015-10-15 10:31

Already collect

The moving average of the basket of crude oil prices, to which China's product oil prices are pegged, gained 2.35 percent as of Oct. 14 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

October 12

October 13

October 14

Change rate

2.69 percent

2.49 percent

2.35 percent

October 15 is the seventh 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