MofCom repeals market measures for crude and refined oil

On July 3, the Ministry of Commerce issued an announcement, in accordance with the opinions on accelerating the development of circulation and promoting commercial consumption (GBF [2019] No. 42) issued by the general office of the State Council on August 16, 2019, the measures for the administration of refined oil market (Decree No. 23 of 2006 issued, No. 2 order in 2015, and No. 1 order of the Ministry of Commerce in 2019 revised) and the measures for the administration of crude oil (Decree No. 24 of 2006 issued, amended by order No. 2 of 2015)shall be abolished as ofRead More →

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