
Mainland China will raise the prices of refined oil starting from midnight tonight
The Price Department of the National Development and Reform Commission stated that recently, international oil prices have fluctuated upward. Based on the average price of the first ten working days of February 24 compared to the average price of the first ten working days before the last price adjustment, according to the current refined oil price mechanism, starting from midnight tonight (25th), the prices of gasoline and diesel in the mainland will increase by 175 RMB and 170 RMB per ton, respectively.
China National Petroleum Corporation, Sinopec, and CNOOC, along with other crude oil processing enterprises, must organize refined oil production and transportation effectively to ensure stable market supply and strictly implement national price policies. Relevant departments in various regions should strengthen market supervision and inspection efforts, severely investigate behaviors that do not comply with national price policies, and maintain normal market order

