(Source: Financial Industry 2026-04-07)

According to Xinhua Viewpoint, on April 7, the National Development and Reform Commission announced that in order to slow down the impact of rising international oil prices on the country, the state will continue to take regulatory measures on refined oil prices. According to the calculation of the refined oil price mechanism, starting from 24:00 on April 7, domestic gasoline and diesel prices should be increased by 800 yuan and 770 yuan per ton respectively. After the adjustment, the prices will actually be increased by 420 yuan and 400 yuan.

Since the adjustment of domestic refined oil prices on March 23, crude oil prices in the international market have fluctuated significantly. This adjustment is intended to reduce the impact of international oil price fluctuations on domestic end users. Lu Zhichen, deputy director of the Price, Cost and Certification Center of the National Development and Reform Commission, said that this time the maximum retail prices of gasoline and diesel have increased by 380 yuan and 370 yuan per ton respectively, which is equivalent to a decrease of 0.31 yuan per liter for No. 92 gasoline and 0.32 yuan per liter for No. 0 diesel. Preliminary calculations show that filling up a tank of oil for a private car can save about 15 yuan; filling up a tank of oil for a large truck can save 150 to 200 yuan.

Dong Xiucheng, Professor of w88 casinostated that the state’s efforts to regulate the price of refined oil products need to comprehensively consider multiple factors such as market supply security and downstream affordability. It is necessary to avoid excessive impact of abnormal price fluctuations on downstream users, and to appropriately ease the cost of crude oil imports and ensure a stable supply of refined oil products.

Lu Zhichen said that the domestic refined oil price mechanism has set a price control upper limit of US$130 per barrel. If the average price of a basket of international crude oil continues to rise sharply and exceeds US$130 per barrel, the maximum retail price of domestic gasoline and diesel will not increase or increase slightly for the portion exceeding the upper limit. During the sharp rise in international crude oil prices triggered by the Russia-Ukraine conflict in 2022, the state made it clear that when international crude oil prices exceeded the regulatory upper limit of US$130 per barrel, domestic refined oil prices would no longer increase in the short term, and would provide periodic subsidies to oil refining companies.

The National Development and Reform Commission stated that it will guide refined oil production and sales companies to make every effort to ensure the production and transportation of refined oil to ensure stable market supply, and will cooperate with relevant departments to increase market supervision and inspection, strictly investigate and deal with illegal activities such as failure to implement national price policies, and effectively maintain market order and protect consumer interests.

The market is risky, so investment needs to be cautious. This article is generated by AI based on third-party data and is for reference only and does not constitute personal investment advice.

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