Since the domestic refined oil price adjustment on October 29, international crude oil prices have experienced volatile declines, and the average price over the first 10 working days of this adjustment period was lower than the average price over the first 10 working days of the previous adjustment period.

Based on changes in international oil market prices, starting from 24:00 on November 12, the prices of domestic gasoline and diesel (standard products) will be reduced by 645 yuan and 625 yuan per ton respectively.

PetroChina, Sinopec, CNOOC and other crude oil processing enterprises must organize the production and transportation of refined oil products well, ensure stable market supply, and strictly implement national price policies.

Relevant departments in various regions must intensify market supervision and inspection efforts, strictly investigate and punish acts of non-compliance with national price policies, and maintain normal market order.

Consumers can report price violations through the 12315 platform.