National Development and Reform Commission: China to Adjust Refined Oil Prices on September 11

Since the adjustment of domestic refined oil prices on August 28, conflicts between the US and Iran have escalated again, and international crude oil prices have continued to rise sharply. To mitigate the impact of rising international oil prices on the domestic market, temporary control measures have been taken on domestic refined oil prices while maintaining the current pricing mechanism framework. According to the current pricing mechanism, on September 11, the prices of domestic gasoline and diesel (standard products) should be increased by 435 yuan and 420 yuan per ton, respectively. After regulatory adjustments, the actual increase will be 260 yuan and 250 yuan per ton.