China Petrochemical Corp. lowered the per-ton retail prices of gasoline and diesel by 95 yuan (US$15.32) and 90 yuan, respectively, starting from June 13.

The benchmark retail price of gasoline was lowered by 0.07 yuan per liter and diesel by 0.08 yuan per liter, the National Development and Reform Commission said.

The NDRC last adjusted gasoline and diesel prices on May 10, hiking them both by 95 yuan per ton to reflect rising international crude oil prices.