Following an Oct 15 domestic fuel-price reset, rising Middle East tensions pushed international crude sharply higher. To blunt the domestic impact, authorities have intervened in refined-fuel pricing. Under the current pricing formula, gasoline and d

2026-10-29

Following an Oct 15 domestic fuel-price reset, rising Middle East tensions pushed international crude sharply higher. To blunt the domestic impact, authorities have intervened in refined-fuel pricing. Under the current pricing formula, gasoline and diesel (standard) would rise 440 yuan/t and 420 yuan/t respectively; implemented increases are capped at 345 yuan/t and 335 yuan/t. Change effective 24:00 on Oct 29.