NDRC Announces 9-Fen-per-Liter Cut for 92# Jiangsu V Gasoline

2014-01-13 640 0人评论
    The National Development and Reform Commission (NDRC) announced on the 10th that, effective 24:00 that day, gasoline and diesel prices will be cut by 125 yuan and 120 yuan per ton respectively. The Provincial Price Bureau subsequently announced that after this adjustment, 93# National IV gasoline in our province will drop by 0.10 yuan per liter to 7.54 yuan, 0# diesel will drop by 0.11 yuan per liter to 7.16 yuan, and 92# Jiangsu V gasoline will drop by 0.09 yuan per liter to 7.68 yuan. This is also the first adjustment of domestic refined oil prices this year.

    This round of domestic refined oil price adjustment coincides with the full switch to National IV gasoline on the 1st, with gasoline upgrade surcharges implemented in a concentrated manner across regions. This price cut will offset part of the impact of the upgrade surcharges, but because the reduction is relatively small, it cannot fully offset them.

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