Mainland China raises refined oil prices starting from early morning

AASTOCKS
2026.02.03 23:36

The Price Department of the National Development and Reform Commission stated that the recent fluctuations in international oil prices have risen. Based on the average price of the first ten working days of February 3 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 last night (the 4th), the prices of gasoline and diesel in the mainland have increased by 205 yuan and 195 yuan per ton, respectively.

According to CCTV reports, the average price of nationwide 92-octane gasoline, 95-octane gasoline, and 0-octane diesel has been raised by 0.16 yuan, 0.17 yuan, and 0.17 yuan per liter, respectively. For example, filling a 50-liter tank with 92-octane gasoline will cost an additional 8 yuan.

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 pricing policies. Relevant departments in various regions should strengthen market supervision and inspection efforts, severely punish behaviors that do not comply with national pricing policies, and maintain normal market order