The National Development and Reform Commission (NDRC) has announced an adjustment in domestic refined oil product prices. Following the previous price adjustment on July 3, international market crude oil prices have experienced volatile increases. The average price over the 10 working days preceding this adjustment is higher than the average over the 10 working days before the last adjustment.

In response to changes in international oil prices, starting from 24:00 on July 17, the prices of domestic gasoline and diesel (standard products) will be raised by 300 yuan and 290 yuan per ton, respectively.

State-owned oil majors, including PetroChina, Sinopec, and CNOOC, along with other crude oil processing enterprises, are instructed to organize the production and distribution of refined oil products effectively. This is to ensure stable market supply and strict compliance with national pricing policies.

Relevant local authorities are required to intensify market supervision and inspection efforts. They must rigorously investigate and penalize any actions that violate national price policies to maintain normal market order.

Consumers can report any price violations through the 12315 platform.