China announced a retail price increase for gasoline and diesel starting Wednesday, citing recent changes in international oil prices.
The National Development and Reform Commission (NDRC) revealed that gasoline prices will rise by 65 yuan (about 9.04 U.S. dollars) per tonne, while diesel prices will go up by 60 yuan per tonne.
In a statement, the NDRC emphasized the country’s commitment to maintaining stable oil supplies. “China’s three biggest oil companies — China National Petroleum Corporation, China Petrochemical Corporation, and China National Offshore Oil Corporation — along with refineries, have been directed to maintain oil production and facilitate transportation to ensure stable supplies,” it said.
The commission also called on regional authorities to intensify market supervision and crack down on violations of national price policies to preserve market order.
This price adjustment reflects China’s response to global oil market fluctuations and aims to balance supply and demand while protecting consumers.









