China raises domestic petrol and diesel retail prices following global oil surge
Question
China raises domestic petrol and diesel retail prices following global oil surge
Direct answer
Bullish for Shanghai crude futures (SCmain), Sinopec (600028.SS) and PetroChina (601857.SS); marginally negative for CNY vs USD through higher import cost passthrough.
- Original publisher
- Market Ontology
- Evidence through
- 2026-07-18
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “China raises domestic petrol and diesel retail prices following global oil surge”, revision 1, evidence through 2026-07-18. https://marketontology.com/market-events/2026-07-18/china-raises-domestic-petrol-and-diesel-retail-prices-following-global-oil-surge-400a3e
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What happened next
Price follow-up pending — no stored daily closes for these assets yet.
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
Sources
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