The Zhitong Finance App learned that according to information from the National Development and Reform Commission, since the adjustment of domestic refined oil prices on October 15, geopolitical tension in the Middle East has escalated, and crude oil prices in the international market have risen sharply. In order to mitigate the impact on the country, the country has once again taken measures to regulate the price of refined oil products. According to the calculation of the current price mechanism, starting at 24:00 on October 29, domestic automobile and diesel (standard products) prices should be increased by 440 yuan and 420 yuan per ton, respectively, to take into account the overall balance of reducing the burden on downstream users and ensuring the safe and stable supply of refined oil products. After regulation, the actual adjustments were 345 yuan and 335 yuan.

This article was selected from the “National Development and Reform Commission” official account, Zhitong Finance Editor: Jiang Yuanhua.

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