en.Wedoany.com Reported - Since the last adjustment of China's domestic refined oil product prices on May 8, international crude oil prices have fluctuated upward before pulling back slightly. The average price over the 10 working days prior to this adjustment was higher than the average price over the 10 working days prior to the last adjustment. Based on changes in international oil prices, effective from 24:00 on May 21, the prices of gasoline and diesel (standard products) in China will be raised by 75 yuan and 70 yuan per tonne, respectively.

PetroChina, Sinopec, CNOOC, and other crude oil processing enterprises should organize the production and distribution of refined oil products effectively, ensure stable market supply, and strictly implement national pricing policies. Relevant local authorities should strengthen market supervision and inspection, rigorously investigate and penalize any failure to implement national pricing policies, and maintain normal market order. Consumers can report price violations through the 12315 platform.

According to estimates by JLC, as of May 20, the average price of reference crude oil varieties was $105.09 per barrel, with domestic retail prices for gasoline and diesel expected to increase by 110 yuan per tonne. Taking 92-octane gasoline as an example, the increase per liter is approximately 0.08 yuan. "With one working day remaining before the adjustment window opens, a retail price ceiling increase for refined oil products this time is a high-probability event, and the final magnitude may exceed 100 yuan per tonne."

Attachment: Maximum retail prices for gasoline and diesel in provinces (autonomous regions, municipalities) and central cities

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