The Ministry of Commerce requires strengthening the oil market supply guarantee capability

On January 7, the Ministry of Commerce issued the key points of the 2011 oil circulation market management requirements. The national business system will strengthen the supply support capacity of the oil market and steadily promote the healthy and orderly development of the oil market. The Ministry of Commerce requires all localities to strengthen the monitoring of the international and domestic oil market operations, continue to do a good job in the weekly monitoring of the international oil market price weekly and domestic oil market weekly, monthly, and annual reports; further improve the oil market emergency warning mechanism; actively build a refined oil business enterprise The real-time monitoring system for commercial inventory, timely tracking and monitoring of changes in the purchase and sales of refined oil resources; exploring the establishment of a local government reserve system for refined oil products, and improving market supply security and regulatory capabilities.

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