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Adjustment of domestic oil price ushered the “Six-stop”

oil price

At 24 o’clock of 12th, adjustment window of domestic oil price would open again. National Development and Reform Commission declared that current round of domestic refined oil price would continue to be suspended. As a result, adjustment of domestic oil price ushered the “Six-stop”. Adjustment window of domestic oil price would open at 24 o’clock of 12th. As the average price of crude oil didn’t break through 40$ per barrel, oil price would continue to maintain the current price on the basis of floor price principle which was set by the National Development and Reform Commission previously.

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