From today, China’s declining domestic fuel prices. At 14% reduced temper the price of petrol by 18% lowered the price of diesel, and a third – to aviakerosin.The official Beijing also confirmed that introduces a “reasonable” tax on fuel – in order to ensure its economical consumption. Relatively cheap gasoline in a manner designed to support the high level of demand for oil and oil products in China, reported Financial Times .. At the same time in the last three months in China has been a decline in demand for oil resulting from the fall in export volumes. “The decline in fuel prices may have to support oil demand in China, however, the impact of the financial crisis in the country, may be greater than expected even a few months ago” – cchitaet Ehsan ul-Haq, an analyst with the Vienna JBS Energy.
