International oil prices exceed US$130 per barrel, domestic refined oil prices will not be raised for the time being

  According to Xinhua News Agency, Beijing, June 29 (Reporter An Bei Shen Cheng) The National Development and Reform Commission said on the 29th that in order to reduce the burden on downstream users and consumers and reduce the operating costs of the real economy, with the approval of the State Council, when the international oil price exceeds 130 per barrel After the U.S. dollar control ceiling, domestic refined oil prices will not increase in the short term (no more than two months), and if the international oil price exceeds the control ceiling of $130 per barrel for more than two months, relevant policy measures will be clarified in advance.

  According to the relevant person in charge of the National Development and Reform Commission, my country's oil production ratio exceeds 70%. According to the current refined oil price mechanism, domestic refined oil prices are adjusted every 10 working days according to the fluctuation of crude oil prices in the international market.

  Amber Shen Cheng