Based on a drop in international oil prices, Chinaâs domestic gasoline and diesel prices were reduced by 190 yuan and 180 yuan per ton, respectively, effective June 13, according to a Press Release by the National Development and Reform Commission on Thursday.
The release said that major petroleum companies like PetroChina (SHA:601857, HKG:0857), Sinopec (SHA: 600028), and CNOOC (HKG: 0883), along with other companies, should ensure the continuous supply of petroleum at the updated prices.
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