echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Petrochemical News > Refined oil prices increase for the ninth time this year

    Refined oil prices increase for the ninth time this year

    • Last Update: 2021-06-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    May 15, 2007 07:11 Source: [Mobile phone news] [Font size large, medium and small] [Print this article] Economic Daily, Beijing, May 14 (Reporter Xiong Li) The domestic refined oil price adjustment window opened again.


    This round of price adjustment is the ninth price adjustment in 2021.


    Monitoring by the Price Monitoring Center of the National Development and Reform Commission showed that international oil prices continued to rise during the current round of refined oil price adjustment cycle (April 28-May 13).


    During the price adjustment cycle, as vaccination continued to advance, the United States and European countries eased restrictions, and economic activities rebounded significantly.


    The Price Monitoring Center of the National Development and Reform Commission predicts that oil prices will continue to fluctuate mainly in the short term.


    Li Yan, a refined oil analyst at Longzhong Information, believes that the current epidemic in India and other countries is still serious, dragging down the economy and demand expectations.


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.