Gasoline and diesel prices are lowered!

According to the National Development and Reform Commission on the 12th, according to the recent changes in oil prices in the international market, according to the current mechanism for oil prices of refined refined oil products, from 24:00 on July 12, 2022, domestic gasoline and diesel prices have been reduced by 360 yuan and 345 yuan, respectively.

This is the third time in my country to reduce gasoline and diesel prices since this year. It is also the second time since June 28 for the second consecutive decline, which is equivalent to less than 0.3 yuan per liter. This round of oil price reduction reduces the cost of travel to a certain extent. According to the capacity of 50 liters of fuel tanks in the private car, it will spend about 14 yuan for a box of oil after the price adjustment. At the same time, the cost of logistics transportation will also be reduced.

The relevant person in charge of the National Development and Reform Commission said that CNPC, Sinopec, CNOOC, and other crude oil processing enterprises should organize the production and transportation of refined oil to ensure the stable supply of the market and strictly implement the national price policy. Relevant departments in various localities should increase market supervision and inspection, severely investigate and deal with acts that do not implement national price policies, and maintain normal market order. Consumers can report price illegal acts through the 12315 platform.

According to the analysis of the National Development and Reform Commission's price monitoring center, during the price adjustment cycle, the global economy may fall into the worry of recession and the spread, which drives the international oil prices to significantly fall. It is expected that international oil prices will still operate in the short term.

Source: Xinhua View Point

Reporter: Wang Yueyang, An Bei

Responsible editor: Guo Yanhui

School pair: Qin Daixin

- END -