Price of No.93 gasoline dropped back to Five Yuan Era

　　The price of domestic refined oil declined again.This afternoon, National Development and Reform Commission published the notice that the price of gasoline reduced 240 yuan per ton, diesel oil went down 230 yuan per ton. The retail prices for No.90 gasoline and No.0 diesel oil(national average) dropped 0.18 yuan and 0.2 yuan per liter respectively. It is the first price decline of domestic refined oil after the Spring Festival, and it is also the third price decline in this year. Affected by this, the price of No.93 gasoline is to went back to Five Yuan Era tomorrow.

　　Wangneng, an analyst from Chem99.com expressed that the price decline of oil was implicated by the price reduction of international crude oil. Recently, the crude oil stocks in Cushing area had been continuously increasing, the dealers had been worried about supply exceeding demand, which is the major factor leading to overall decline of crude oil futures in Europe and America.