National Development and Reform Commission: oil price adjustment taking into account the interests of all parties

Xinhua Beijing, June 1 (reporter Remin Guocheng) According to the National Development and Reform Commission of the relevant department responsible for 1st introduced, from 1st 0 o'clock from the implementation of the oil price adjustment comprehensive consideration of various factors, taking into account the interests of all parties. International oil prices have risen rapidly this year. From 1 to May, international oil prices rose from a minimum of $37 a barrel to a maximum of $66 a barrel, varying considerably in magnitude.　　Especially in May, it is the month with the highest monthly gain in the last 10 years. The official said that the domestic gasoline and diesel prices in late April have been upgraded.　　If there is no adjustment for a long time, oil refining production will be a loss, in view of ensuring the production and supply of oil products to consider appropriate price adjustment. On the issue of "narrowing the range of price adjustments", the official said the price adjustment first took into account the financial crisis in the context of the economic impact of the increase in oil prices, as well as summer factors such as insurance. In addition, the future is likely to be reversed as the international crude oil price rally lacks real growth support.