Fuel Prices to Increase Tonight

Deep News18:02

According to domestic refined oil price adjustment information announced by the National Development and Reform Commission's press center on May 21, the prices of gasoline and diesel (standard products) will increase by RMB 75 and RMB 70 per ton, respectively. Following the current refined oil pricing mechanism, the Hainan Provincial Development and Reform Commission has adjusted the maximum retail prices of gasoline and diesel in Hainan Province, effective from 24:00 on May 21. In accordance with regulations on the linkage between oil and gas prices, the retail price of compressed natural gas for vehicles in Hainan Province will rise from RMB 6.00 per cubic meter (equivalent to RMB 8.34 per kilogram) to RMB 6.05 per cubic meter (equivalent to RMB 8.41 per kilogram).

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