Since the domestic refined oil price adjustment on October 15, escalating geopolitical tensions in the Middle East have caused international crude oil prices to rise sharply. To mitigate the impact on the domestic market, the state has once again taken regulatory measures on refined oil prices.
According to calculations based on the current pricing mechanism, starting from 24:00 on October 29, the prices of domestic gasoline and diesel (standard products) should have been raised by 440 yuan and 420 yuan per ton respectively. After balancing the need to reduce the burden on downstream users and ensure the safe and stable supply of refined oil, the actual increases were 345 yuan and 335 yuan respectively.
The maximum retail prices of gasoline and diesel in various regions of Yunnan Province after the adjustment are shown in the attached table.
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