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National Development and Reform Commission: from August 10, gasoline and diesel increased by 390 yuan and 370 yuan per ton respectively

National Development and Reform Commission: from August 10, gasoline and diesel increased by 390 yuan and 370 yuan per ton respectively

August 10, 2012

[China paint information] the national development and Reform Commission issued a notice, deciding to increase the prices of gasoline and diesel by 390 yuan and 370 yuan per ton respectively from 0:00 on August 10, Converted to No. 90 gasoline and No. 0 diesel (national average), the price per liter will be increased by 0.29 yuan and 0.32 yuan respectively

this domestic refined oil price adjustment is mainly determined according to the current domestic refined oil price formation mechanism and the recent changes in oil prices in the international market. Since the price adjustment of domestic refined oil on July 11, it has been affected by 1200 × five hundred × Under the influence of multiple factors of 2800mm (customized according to user requirements), the oil price in the international market fluctuated and rose. In late July, the price of WTI and Brent crude oil futures rose again to more than $90 and $105 per barrel. As of August 8, the moving average price of three kinds of crude oil in the international market linked to domestic oil prices rose by more than 4% for 22 consecutive working days, reaching the boundary conditions for domestic refined oil price adjustment

The notice points out that after the price adjustment of refined oil, the state will continue to provide subsidies to grain farmers, Fisheries (including ocean fisheries), forestry, urban public transport, rural road passenger transport (including inter island and rural water passenger transport) with high prices of such products (baby carriages) in accordance with the established subsidy mechanism. At the same time, in order to ensure the basic stability of market prices and prevent chain price increases, the prices of railway passenger transport, urban public transport and rural road passenger transport (including inter island and rural waterway passenger transport) closely related to residents' lives will not be adjusted

The notice requires that PetroChina, Sinopec and CNOOC should organize the production and transportation of refined oil, maintain reasonable inventory, strengthen comprehensive coordination and emergency scheduling, and ensure the supply of refined oil. The competent price departments at all levels should strengthen market supervision and inspection, investigate and deal with the illegal acts of not implementing the national price policy, hoarding, fabricating rumors to confuse the public, conspiring to raise prices, riding to raise prices and other illegal acts in accordance with the law, and maintain the normal market order

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