National Development and Reform Commission: Domestic refined oil prices will increase starting from 24:00 on March 9, with 92-octane gasoline rising by 0.55 yuan per liter

Gate News, March 9 — The National Development and Reform Commission announced that China National Petroleum Corporation, China Petrochemical Corporation, China National Offshore Oil Corporation, and other crude oil processing companies should organize production and transportation of refined oil to ensure market stability and strictly implement national pricing policies. Relevant local departments are urged to strengthen market supervision and inspection, crack down on violations of national pricing policies, and maintain normal market order. Consumers can report price violations through the 12315 platform. Starting at 24:00 on March 9, the domestic retail fuel price adjustment window opens. According to monitoring by the Price Monitoring Center of the National Development and Reform Commission, during this cycle of fuel price adjustments, international oil prices surged significantly due to the ongoing escalation of the US-Iran conflict. Domestic retail prices for gasoline and diesel increased by 695 yuan and 670 yuan per ton, respectively. On average nationwide: 92-octane gasoline increased by 0.55 yuan per liter, 95-octane gasoline by 0.58 yuan per liter, and No. 0 diesel by 0.57 yuan per liter. Filling a 50-liter tank with 92-octane gasoline will cost an additional 27.5 yuan.

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