But even after the increase, gasoline and diesel prices are still roughly a third below international levels, meaning Sinopec and PetroChina are likely to continue to incur losses on refining.

• 不过即使是在此次调价之后，中国的汽油和柴油零售价仍比国际水平低三分之一左右，这意味着中国石化和中国石油的炼油业务有可能继续亏损。