PetroChina lifted August settlement prices of both Daqing crude and Jidong crude supplied to Sinopec's subsidiary refineries by Yuan 69/mt to Yuan 6,339/mt, with tax inclusive, a source with Sinopec told C1.
Settlement prices of most of the other crude supplied to Sinopec increased Yuan 167-174/mt, according to the source.
C1's data showed that Brent crude benchmark climbed from US$111-113/bbl to US$116-119/bbl during July.
