Average Price Change Rate of Crude Oil Basket Drops 0.72% on December 8

Deep News12-09

Data released by the Petroleum Price System on December 9 showed that the average price change rate of the crude oil basket on December 8 was -0.72%.

According to the "Petroleum Price Management Measures," domestic gasoline and diesel prices are adjusted every 10 working days based on changes in international crude oil prices, with adjustments taking effect at 24:00 on the day of the announcement. If the price adjustment is less than 50 yuan per ton, no change will be made, and the difference will be carried over or offset in the next adjustment. Under special circumstances specified in the measures, price adjustments may be suspended, delayed, or reduced in scope.

The National Development and Reform Commission announced on December 8 that, in accordance with the current refined oil pricing mechanism, domestic gasoline and diesel prices would be reduced by 55 yuan per ton starting at 24:00 on December 8.

December 9 marks the first working day of the current pricing cycle, with the next price adjustment window set to open at 24:00 on December 22.

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