China imposed temporary controls on refined fuel prices to cushion the impact of surging global oil costs, with gasoline and diesel prices effectively raised by 1,160 yuan and 1,115 yuan per ton, respectively, below the calculated increases of 2,205 yuan and 2,120 yuan, the National Development and Reform Commission said on March 23.

2026-03-23

China imposed temporary controls on refined fuel prices to cushion the impact of surging global oil costs, with gasoline and diesel prices effectively raised by 1,160 yuan and 1,115 yuan per ton, respectively, below the calculated increases of 2,205 yuan and 2,120 yuan, the National Development and Reform Commission said on March 23.