China will increase domestic gasoline and diesel prices by RMB 420 and RMB 400 per ton, respectively, effective April 8, 2026. This adjustment, announced by the National Price Bureau, aims to address fluctuations in international crude oil prices and stabilize the domestic market. The increase is below the calculated pricing mechanism, which suggested a rise of RMB 800 per ton for gasoline and RMB 770 per ton for diesel.
Major oil companies, including CNPC, Sinopec, and CNOOC, will manage production and distribution to maintain market stability, adhering to national pricing policies. Authorities will enhance market supervision and penalize price violations, with consumers encouraged to report issues via the 12315 platform.
China to Raise Gasoline and Diesel Prices from April 8
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