China News Service, June 29. According to the website of the National Development and Reform Commission on the 29th, the proportion of my country's oil production exceeds 70%. According to the current refined oil price mechanism, the domestic refined oil price is based on the crude oil price in the international market (10 days before the refined oil price adjustment). The average price of working days, hereinafter referred to as the international oil price) changes, and it is adjusted every 10 working days.
According to the relevant provisions of the "Oil Price Management Measures", when the international oil price exceeds the upper limit of 130 US dollars per barrel, the price of gasoline and diesel will not be raised or less raised in principle.
In order to reduce the burden on downstream users and consumers and reduce the operating costs of the real economy, with the approval of the State Council, when the international oil price exceeds the upper limit of 130 US dollars per barrel, the domestic refined oil price will not increase in a short period of time (not more than two months). The international oil price has been higher than the upper limit of 130 US dollars per barrel for more than two months, and relevant policy measures will be clarified in advance.
At the same time, in order to protect the production enthusiasm of oil refining enterprises and ensure the safe and stable supply of refined oil, the central government provides periodic price subsidies to oil refining enterprises. The subsidy standard is the amount of gasoline and diesel prices that should be adjusted during the price adjustment period. Applications can be made according to the process.
(Zhongxin Finance)
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