PetroChina pegged after-tax inner settlement price of Daqing crude for December at Yuan 4,704/mt, up Yuan 129/mt or 2.8% on month, according to a source with the oil tycoon.
The price was calculated on the basis of changes in international crude prices during Oct 26-Nov 25, when FOB price of main benchmark crude Cinta rose by US$2.5/bbl to US$83.07/bbl, a record showed.
PetroChina's December inner settlement prices of most crude increased Yuan 88-494/mt. The price of Russia crude was hiked by Yuan 494/mt or 10.14% to Yuan 5,364/mt with tax inclusive.
The price was calculated on the basis of changes in international crude prices during Oct 26-Nov 25, when FOB price of main benchmark crude Cinta rose by US$2.5/bbl to US$83.07/bbl, a record showed.
PetroChina's December inner settlement prices of most crude increased Yuan 88-494/mt. The price of Russia crude was hiked by Yuan 494/mt or 10.14% to Yuan 5,364/mt with tax inclusive.
