The mainland will raise the price of refined oil starting at midnight, with gasoline increasing by 695 yuan per ton
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The National Development and Reform Commission of China announced that starting from March 9 at 24:00, the retail prices of gasoline and diesel will be increased by 695 yuan and 670 yuan per ton, respectively, marking the largest single increase since March 2022 and the fourth consecutive increase this year. Companies such as PetroChina, Sinopec, and CNOOC will ensure the production and supply of refined oil, and relevant departments will strengthen market supervision to maintain the implementation of price policies
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