China News Service, December 3, according to the website of the National Development and Reform Commission, according to recent changes in oil prices in the international market and in accordance with the current refined oil price formation mechanism, starting from 24:00 on December 3, 2021, domestic gasoline and diesel prices will be reduced per ton. 430 yuan and 415 yuan.

  The National Development and Reform Commission stated that the three major companies, PetroChina, Sinopec, and CNOOC, must organize the production and dispatch of refined oil products to ensure stable market supply and strictly implement national price policies.

Relevant departments in various regions should increase market supervision and inspection, severely investigate and punish non-implementation of national price policies, and maintain normal market order.

Consumers can report price violations through the 12315 platform.