Tonight, Fuel Prices Will Be Adjusted

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According to a September 24 message from the National Development and Reform Commission's WeChat public account, since the domestic refined oil price adjustment on September 11, the geopolitical situation in the Middle East has been complex and volatile, and international crude oil prices rose rapidly before falling back, then surged again in recent days.

To cushion the impact of rising international oil prices on the domestic market, the country continues to adopt temporary regulatory measures for domestic refined oil prices.

Based on calculations under the current pricing mechanism, starting at 24:00 on September 24, the prices of domestic gasoline and diesel (standard products) should have been raised by 830 yuan and 800 yuan per ton respectively, but after regulation the actual increases are 395 yuan and 385 yuan.

The National Development and Reform Commission will guide refined oil producers and sellers to make every effort to ensure production and transportation, guarantee stable market supply, and cooperate with relevant departments to strengthen market supervision and inspection, strictly investigate and punish illegal and irregular acts such as failing to implement national pricing policies, effectively maintain market order, and protect consumer interests.

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