According to the National Development and Reform Commission, the price adjustment window for domestic refined oil products will open at 24:00 today (August 14th). Monitoring by the Price Monitoring Center of the National Development and Reform Commission indicates that during this adjustment cycle (from 24:00 on July 31st to 24:00 on August 14th), international oil prices initially fell before rebounding.

Starting from 24:00 on August 14th, the retail price caps for gasoline and diesel in China will be reduced by 230 yuan and 220 yuan per tonne, respectively. On a nationwide average, the price per liter of 92-octane gasoline, 95-octane gasoline, and 0-diesel will decrease by 0.18 yuan, 0.19 yuan, and 0.19 yuan, respectively.

Following this confirmed reduction in retail price caps, a private car filling up a standard 50-liter tank of 92-octane gasoline will save 9 yuan per refill.