Fuel Prices Set to Rise at Midnight Tonight

Deep News
Aug 28

According to the latest update, crude oil prices on the international market have been fluctuating since the last adjustment of domestic refined oil product prices on August 14. The average price over the 10 working days preceding this adjustment was higher than the average recorded in the 10 working days before the previous adjustment.

In response to the changes in international crude oil prices, starting from 24:00 on August 28, the prices of domestic gasoline and diesel (standard products) will be raised by 375 yuan and 360 yuan per tonne, respectively. PetroChina, Sinopec, CNOOC, and other crude oil processing enterprises are required to organize the production and transportation of refined oil products to ensure stable market supply and strictly implement national pricing policies.

Local government authorities are instructed to intensify market supervision and inspection, severely punish any violations of national pricing policies, and maintain normal market order. Consumers can report any pricing irregularities through the 12315 platform.

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