Experts said the oil price increasing will make the downstream industry under pressure

Experts said the oil price increasing will make the downstream industry under pressure
Media said that in view of the recent international market crude oil prices continued to rise, the Government decided from 0:00 today,gasoline and diesel prices were increased by 290 yuan RMB per ton and 180 yuan RMB. This is the second National Development and Reform Commission adjust oil prices since new pricing mechanism for oil products.
Experts said that the new refined oil pricing mechanism difficult to understand how to implement. HAN Xiao-ping, president of China Energy Net said that when the international oil prices fall some times ago, the government did not simultaneously reduced the price of oil; meanwhilecurrent low domestic demand, coupled with the current downstream enterprises operating difficulties at this time oil prices rise is still above questionable.