If the international oil price exceeds $ 130 per barrel, the price of domestic refined oil products will not be raised for the time being

Author:Luoyang Daily Time:2022.06.30

National Development and Reform Commission: International oil prices over 130 US dollars per barrel of domestic refined oil prices will not be raised for the time being

The National Development and Reform Commission said on June 29 that in order to reduce the burden on downstream users and consumers and reduce the cost of operating the real economy, with the consent of the State Council, when the international oil price exceeds the upper limit of the US $ 130 per barrel, the domestic refined oil price price is short in the short term (not exceeding exceeding the less than exceeding Two months) no longer increased, and the time of international oil prices higher than the $ 130 per barrel of adjustment limit for more than two months, it will clearly clarify relevant policies and measures in advance.

The relevant person in charge of the National Development and Reform Commission said that the proportion of oil extraction in my country exceeds 70%. According to the current refined oil price mechanism, the domestic refined oil price is based on the international market crude oil price (the average price of 10 working days before the price adjustment of the refined oil). Adjust every 10 working days. According to the relevant provisions of the "Petroleum Price Administration Measures", when the international oil price exceeds the upper limit of $ 130 per barrel, the price of gasoline and diesel is not mentioned in principle.

According to reports, in order to protect the production enthusiasm of oil refining enterprises and ensure the safe and stable supply of refined oil products, the central government will provide a phased price subsidy to refining enterprises. Apply can be submitted according to the process. (Reporter: An Bei)

Source: Xinhua News Agency

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