(Source: Economic Daily 2026-04-07)

On April 7, domestic refined oil prices will usher in a new round of adjustment.

The National Development and Reform Commission announced that since the price adjustment of domestic refined oil products on March 23, crude oil prices in the international market have fluctuated significantly. In order to mitigate the impact of rising international oil prices on the country, the state continues to take control measures on refined oil prices. According to the calculation of the refined oil price mechanism, starting from 24:00 on April 7, the prices of domestic gasoline and diesel (standard products) 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.

The domestic refined oil price mechanism stipulates that the maximum retail price of gasoline and diesel is adjusted every 10 working days based on changes in the average price of a basket of international crude oil.

Professor Dong Xiucheng of the w88 casinostated that after the regulation measures were taken this time, domestic gasoline and diesel prices increased by 380 yuan and 370 yuan per ton respectively, 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, and filling up a tank of oil for a large truck can save 150 to 200 yuan.

The state has adopted regulatory measures, so why do the prices of refined oil continue to rise?Dong Xiuchengstated 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.

If international crude oil prices rise sharply in the future, what regulatory measures will the country take? Tian Lei, deputy director of the Economic Center of the Energy Institute of the China Academy of Macroeconomics, 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, exceeding US$130 per barrel (the corresponding domestic average retail price of 92-grade gasoline is slightly higher than 10 yuan per liter), for the part exceeding the upper limit, the maximum retail price of domestic gasoline and diesel will not increase or increase less. To ensure stable supply, the state may also adopt fiscal and tax support measures.

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 supply in the market. It will also cooperate with relevant departments to increase market supervision and inspection, severely investigate and deal with violations of laws and regulations such as failure to implement national price policies, and effectively maintain market order and protect consumer interests.

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