PetroChina reduced October settlement prices of both Daqing crude and Jidong crude supplied to Sinopec's subsidiary refineries by Yuan 75/mt to Yuan 6,124/mt with tax inclusive, a source with Sinopec told C1.
Settlement prices of most of the other crude supplied to Sinopec fell by Yuan 75-200/mt, according to the source.
Benchmark Brent crude prices declined on month in August.