Markets > Futures

Moving average of reference crude oil prices up 0.45 pct by May 12

2015-05-13 09:27

Already collect

The moving average of the basket of crude oil prices, to which China's product oil prices are pegged, gained 0.45 percent as of May 12 from the latest cycle of fuel prices adjustment, according to Xinhua's calculations.

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


May 11

May 12

Change rate

-0.91 percent

0.45 percent

May 13 is the second 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