Commodity
Confidence 0.75
China to Hike Retail Gasoline and Diesel Prices
What happened
China is set to increase retail gasoline and diesel prices as oil prices jump significantly, which could affect global oil supply and demand dynamics.
Causal chain
India impact
Sector impacts
Short term (1–4 weeks)
Long term (3–6 months)
Sources
- · China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week - Crude Oil Prices Today | OilPrice.com