National Development and Reform Commission deputy director of the Penson said in the 2012 economic reform work conference on the refined oil pricing will be put to the enterprise's statement is not accurate.
Penson pointed out that, in accordance with the new refined oil pricing mechanism of refined oil prices or government guidance, the business will be based on changing market conditions, in accordance with the principles established by the government guidance, timely oil prices in accordance with the relevant mechanism to make proper adjustments, the government price management departments to strengthen supervision.
Previously, the market generally spread when crude oil prices below $ 130 / barrel, the Government may have to adjust refined oil pricing mechanism, and then delegated to the three major oil companies pricing power.
Development and Reform Commission also pointed out that this year to choose the introduction of refined oil price reform program to shorten the adjusting period. "The current high international oil price shocks, the new refined oil pricing mechanism in the case of oil prices stabilize or drop introduced, before the introduction of the Central Committee for approval, and extensively solicit the views of the community to further revise and improve." Penson said. According to the current oil price formation mechanism, when the international market of crude oil for 22 days moving average price changes of more than 4%, can adjust the domestic prices.