The declining crude oil price changes with the structure of international politics; China's price for gasoline and diesel oil will decrease next year
（2014/12/22-2014/12/28）

Review of International Energy News

◆The global crude oil price in 2014 has decreased from US$115 per barrel to US$55 per barrel, reflecting the dramatic change in the structure of international politics.
◆According to Organization of Petroleum Exporting Countries (OECD), global crude oil price is expected to increase and average US$70 to US$80 per barrel in 2015.
◆The government of Japan has succeeded in extracting samples of a next-generation resource called methane hydrate from the bottom of the Sea of Japan, the Agency for Natural Resources and Energy said on 25th December.
◆International Energy Agency (IEA) has launched the World Energy Outlook 2014 Special Report on Africa recently.

Review of Domestic Energy News
◆The gasoline price will decrease by 520 yuan per ton along with the diesel oil price declining by 500 yuan per ton, according to National Development and Reform Commission on 26th December.
◆China Natural Petrol Cooperation and China Sinopec have a tendency to compete each other more fiercely for the production of shale gas which is projected to achieve an increase of 5.5 billion cubic meters next year.
◆National Energy Administration has successively released three documents related to photovoltaic construction in order to boost the development of photovoltaic industry.