◆ Development and Reform Commission : price of domestic refined oil temporarily don’t have reduced conditions
◆ Sinopec respond to domestic oil prices rise fast and slow down: it is the problem of the pricing mechanism
◆ Domestic oil prices rise fast and slow down is a problem of distribution of benefits
◆ Oil prices “rise fast and down slow ” is because of monopoly
◆ Refined oil pricing mechanism maybe introduced in the second half of year

◆ New mechanisms may shorten the cycle