Hohhot Confirms Fuel Price Adjustments

Deep News04-07 22:00

Effective from 24:00 on April 7, the prices of domestic gasoline and diesel (standard products) have been raised by 420 yuan and 400 yuan per ton, respectively. Since the previous adjustment of domestic refined oil prices on March 23, international crude oil prices have experienced significant fluctuations. Based on calculations under the current pricing mechanism, the maximum retail prices for gasoline and diesel should have increased by 800 yuan and 770 yuan per ton, respectively. To mitigate the impact of rising international oil prices on the domestic market, the government has continued to implement regulatory measures on refined oil prices. Following these adjustments, the maximum retail prices for gasoline and diesel increased by 380 yuan and 370 yuan less per ton, equivalent to a reduction of 0.31 yuan per liter for 92-octane gasoline and 0.32 yuan per liter for 0-grade diesel.

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