According to recent changes in international oil prices, the current mechanism for forming refined oil prices has resulted in a reduction of RBOB gasoline and diesel prices (standard grade) by RMB 145 and RMB 140 per ton, respectively, starting from early morning.

The three major companies, PetroChina, Sinopec, and CNOOC, as well as other crude oil processing companies, must organize the production and distribution of refined oil to ensure stable market supply and strictly implement national price policies. Relevant departments in all regions should strengthen market supervision and inspection, severely punish behavior that does not implement national price policies, and maintain normal market order.