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According to the recent changes in the international oil market, in accordance with the current oil price formation mechanism, since 18 24 August 2016, domestic gasoline and diesel prices (standard, similarly hereinafter) per ton were increased by $175 and 170 yuan. After adjustment, the provinces (autonomous regions and municipalities) and the central city gasoline and diesel retail prices highest in the table. Related price linkage and subsidy policy in accordance with the existing provisions of the implementation.
PetroChina, Sinopec, CNOOC, the three companies to organize the production and transportation of oil products, to ensure a steady supply of the market, strict implementation of national pricing policy. Competent departments at all levels to increase market supervision and inspection efforts, and strictly investigate and deal with the behavior of the country's price policy is not implemented, maintaining the normal market order. Consumers can report price violations by 12358 price regulation platform.
We are closely tracking the operation of the oil price formation mechanism, combined with the domestic and international oil market situation changes, further to be studied and improved.
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