National Development and Reform Commission: Domestic Gasoline and Diesel Prices to Rise by 395 Yuan and 385 Yuan per Ton from 24:00 on September 24

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According to the National Development and Reform Commission, since the adjustment of domestic refined oil product prices on September 11, the geopolitical situation in the Middle East has been complex and volatile, causing international crude oil prices to surge rapidly before retreating, and now they have climbed again. To mitigate the impact of rising international oil prices on the domestic market, the state has continued to implement temporary regulatory measures on domestic refined oil product prices. Based on the current pricing mechanism, domestic gasoline and diesel (standard products) prices should have risen by 830 yuan and 800 yuan per ton respectively from 24:00 on September 24, but after regulatory adjustments, the actual increases are 395 yuan and 385 yuan per ton.

The information is sourced from the official WeChat account of the National Development and Reform Commission.

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