05212013Headline:

Domestic oil prices are now rare losing streak in oil prices return to 2011 levels

National

National Reform Commission today released a notice to reduce the prices of refined oil, decided to be down at 0:00 on the June 9th, the domestic refined oil prices cut by 530 yuan / ton, gasoline, diesel cut by 510 yuan / ton. The refined oil price record since 2009, the biggest drop in domestic refined oil prices, gasoline and diesel prices will return to 2011 levels.

WASHINGTON energy channel statistics show the biggest drop of the domestic refined oil prices, the diesel price of 1100 yuan per ton in December 2008 gasoline per ton price of 900 yuan. Since then, international oil prices soaring, showing the curve upward trend, followed by the domestic refined oil prices drop no more than 300 yuan, more rare two losing streak.

round of refined oil prices have gone down, the domestic price of gasoline will be 8320 yuan / ton, the price level similar to 8280 yuan / ton in October 2011.


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