23, the national development and Reform Commission issued a notice, decided will steam, diesel prices will increase 70 yuan per ton, calculating that the retail price of 90 gasoline and 0 diesel (the national average) per liter respectively increased by 0.05 yuan and 0.06 yuan, the price of execution time for the May 23rd 24.

The oil price adjustment, is in accordance with the current oil price formation mechanism, calculated and determined according to the May 23 10 working days before the international market of crude oil average price changes. Since mid May, affected by the USA crude oil inventories fell and geopolitical factors, international oil prices rose slightly, the average price of 10 working days before the rose.

Notification requirements, the three companies in the oil, Sinopec, CNOOC to organize product oil production and transportation, ensure the stable supply of the market, the strict implementation of national pricing policy. The competent price departments at all levels should strengthen the market supervision and inspection, and severely punish non implementation of national pricing policy, the maintenance of normal market order.