20 13 On February 24th, the National Development and Reform Commission released a message confirming that the price of refined oil would be raised at 0: 00 on February 25th. The price of gasoline and diesel will be raised in 300 yuan and 290 yuan respectively per ton. It is estimated that the national average retail price of No.90 gasoline will be raised by 0.22 yuan per liter, and that of No.0 diesel will be raised by 0.25 yuan per liter. This oil price increase is also the first time that the National Development and Reform Commission raised oil prices in 20 13.

Current domestic oil price pricing mechanism:

At present, the domestic oil price adjustment mechanism is: when the moving average price of related oil products in the international market changes by more than 4% for 22 consecutive working days, China's Development and Reform Commission will adjust the domestic refined oil prices accordingly. The "three places" in the crude oil of the three places refer to Brent, Dubai and Thaksin.

Brent crude oil is produced in Brent area of North Atlantic (600558, stock bar), and its futures are traded on the London Intercontinental Exchange and the American Mercantile Exchange. Dubai crude oil is a kind of crude oil produced in the United Arab Emirates, which is specially used to price crude oil exported from the Middle East to Asia. Thaksin crude oil is a crude oil produced in Indonesia and transshipped through Thaksin Port, an oil port in northern sunda strait between Java Island and Sumatra Island in Indonesia.

This price adjustment of refined oil is the first price increase of refined oil since 20 13. It lasted about 3 months since the last price adjustment of refined oil. After the adjustment, the price of No.93 gasoline in the area where the national standard 4 and above is implemented in China has once again entered the 8 yuan era, while other countries that implement the national standard 3 are still within 8 yuan.

The adjustment range of domestic refined oil prices is determined according to the current formation mechanism of domestic refined oil prices and the changes of oil prices in the international market. Since the adjustment of domestic refined oil prices in June last year, the crude oil prices in the international market have been first suppressed and then increased. In early February, the futures prices of WTI and Brent crude oil rebounded to above $95 and 1 15 respectively. Although prices have declined in the past two days, the moving average prices of three kinds of crude oil in the international market linked to domestic oil prices have risen by more than 4% for 22 consecutive working days, reaching the boundary condition of domestic refined oil price adjustment.