China trims fuel prices by over 2% as oil rates drop

Advanced Search

The story appears on

Page A13

September 30, 2013

GET this page in PDF

Free for subscribers

View shopping cart

China trims fuel prices by over 2% as oil rates drop

By Richard Fu | September 30, 2013, Monday |

Print Edition

China trimmed fuel prices by over 2 percent following a drop in global crude rates — the first cut after three recent increases.

At Shanghai pumps, the ceiling price for 93-octane gasoline is now 7.77 yuan (US$1.27) per liter, down from 7.96 yuan, while 97-octane gasoline will drop from 8.47 yuan to 8.26 yuan. Zero-grade diesel now sells for 7.66 yuan, lower than 7.86 yuan previously.

Nationwide, the gasoline price goes down by 245 yuan per ton, or an average of 0.18 yuan per liter for the benchmark 90-octane gasoline. The price for diesel falls by 235 yuan per ton, or an average of 0.20 yuan per liter for zero-grade diesel, according to the National Development and Reform Commission, which reviews fuel prices every 10 working days.

Prices vary among provinces and regions.

Shanghai pump stations are replacing the 90, 93 and 97-octane fuels with the cleaner 89, 92, and 95-octane gasoline.

Business Energy

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

China trims fuel prices by over 2% as oil rates drop

Email this to your friend