Crude oil prices on the international market have fallen rapidly and then fluctuated since the adjustment of domestic refined oil product prices on July 31. The average price over the 10 working days before this adjustment was lower than the average price of the previous 10 working days before the last adjustment.

Based on changes in international oil prices, starting from 24:00 on August 14, the prices of domestic gasoline and diesel (standard products) will be reduced by 230 yuan and 220 yuan per ton, respectively.

China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec), China National Offshore Oil Corporation (CNOOC), and other crude oil processing enterprises must organize the production and transportation of refined oil products to ensure stable market supply and strictly comply with national pricing policies.

Local authorities are required to strengthen market supervision and inspection efforts, strictly investigate and punish any violations of national pricing policies, and maintain normal market order. Consumers can report price violations through the 12315 platform.