China's Oil Prices Rise for 6th Consecutive Time, Queues at Shanghai Gas Stations
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AI Summary (NQ-processed)
China's oil prices have increased for the sixth consecutive time, with the latest adjustment on April 7. The National Development and Reform Commission announced a hike in gasoline and diesel prices by 800 yuan and 770 yuan per metric ton, respectively, though the actual increase was capped at 420 yuan and 400 yuan. In Shanghai, 92-octane gasoline rose to 8.86 yuan/liter, 95-octane to 9.43 yuan/liter, and 0-grade diesel to 8.58 yuan/liter. This led to long queues at gas stations in Shanghai.
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