#China: Since the domestic refined oil price adjustment on October 15, geopolitical tensions in the Middle East have escalated, leading to a sharp rise in international crude oil prices. To mitigate the impact on the domestic market, the government has once again implemented price control measures for refined oil products. Based on the current pricing mechanism, starting from 24:00 on October 29, the prices of gasoline and diesel (standard grades) should be increased by 440 yuan and 420 yuan per ton respectively. Taking into account both reducing the burden on downstream users and ensuring a safe and stable supply of refined oil products, the actual increase after the adjustment is 345 yuan and 335 yuan per ton. #oott https://www.ndrc.gov.cn/xwdt/xwfb/202610/t20261029_1408449_ext.html