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Tonight, oil prices will increase. The government will continue to implement refined oil price regulation.
Source: CCTV News
People’s Finance and News, April 7—A reporter learned from the National Development and Reform Commission that, starting from 24:00 on April 7, the domestic gasoline and diesel (standard grades) prices will be raised by 420 yuan per ton and 400 yuan per ton, respectively.
According to the introduction, since the domestic refined petroleum product price adjustment on March 23, international crude oil prices have fluctuated significantly. Based on the current pricing mechanism, the maximum retail prices of gasoline and diesel in this round should be raised by 800 yuan per ton and 770 yuan per ton, respectively. In order to mitigate the impact of the international oil price increase on the domestic market, the state continues to take control measures for refined petroleum product prices. After the adjustment, the maximum retail prices of gasoline and diesel will increase by 380 yuan and 370 yuan less per ton, respectively. This translates to a smaller increase of 0.31 yuan per liter for 92-octane gasoline and a smaller increase of 0.32 yuan per liter for 0# diesel.
(Editor: Wen Jing)
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