Since the domestic refined oil price adjustment on October 15, escalating geopolitical tensions in the Middle East have driven international crude oil prices sharply higher.
To cushion the impact on the domestic market, the government has once again taken regulatory measures on refined oil prices.
Based on the current pricing mechanism, starting from 24:00 on October 29, the prices of domestic gasoline and diesel (standard-grade products) were supposed to rise by 440 yuan and 420 yuan per ton respectively.
Taking into account both reducing the burden on downstream users and ensuring the safe and stable supply of refined oil, the actual increases after regulation were set at 345 yuan and 335 yuan.
The National Development and Reform Commission will guide refined oil production and sales enterprises to make every effort to ensure production and transportation, guarantee stable market supply, and cooperate with relevant departments to intensify market supervision and inspection.
It will strictly investigate and punish illegal and non-compliant activities such as failure to implement national pricing policies, effectively maintain market order, and protect consumer interests.
The adjusted maximum retail prices of gasoline and diesel in each region of Yunnan Province are as follows ↓↓↓
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