On November 12, the Hunan Provincial Development and Reform Commission issued a notice regarding the adjustment of refined oil product prices.

Retail sales of gasoline and diesel in Hunan Province will continue to be subject to maximum price management, with gasoline and diesel (standard products, the same below) reduced by 645 yuan and 625 yuan per ton respectively.

Prices for non-standard products will be adjusted accordingly based on quality ratios. The adjusted maximum retail prices for gasoline and diesel in Hunan Province are: No. 92 gasoline at 8.31 yuan per liter, No. 95 gasoline at 8.84 yuan per liter, and No. 0 diesel at 8.12 yuan per liter.

Refined oil retail enterprises may independently set specific retail prices as long as they do not exceed the maximum retail prices for gasoline and diesel.