Today, the National Development and Reform Commission issued a notice to increase the price of gasoline and diesel by 300 yuan and 285 yuan per ton respectively. It is estimated that the retail price of No. 90 gasoline and No. 0 diesel (national average) will increase by 0.22 yuan and 0.24 yuan per liter respectively. The price adjustment execution time is 24 o'clock on April 24th. Wuzhong Instrument Co., Ltd. , http://www.wzivalve.com
The price adjustment of refined oil products is determined according to the current formation mechanism of refined oil prices, based on the changes in the average price of crude oil in the international market in the first 10 working days before April 24. Since mid-April, influenced by factors such as geopolitical tensions in the Middle East, oil prices in the international market have fluctuated upwards, and the average price of the first 10 working days has risen considerably.
The notice requires that PetroChina, Sinopec and CNOOC should organize the production and distribution of refined oil products to ensure a stable supply of the market and strictly implement the national price policy. The competent pricing departments at all levels should increase market supervision and inspection, strictly investigate and punish non-implementation of national price policies, and maintain normal market order.