The National Development and Reform Commission decided to raise the price of refined oil products from 00:00 on February 20th, 2011, based on the current mechanism for the formation of refined oil prices and the changes in the oil prices in the international market in the recent period. According to national regulations, the maximum retail price of gasoline No.90 (standard product) in Tianjin was adjusted from 8,485 yuan to 8,835 yuan per ton, and increased by 350 yuan; No. 0 diesel (standard product) was adjusted from 7,735 yuan to 8,085 yuan per ton, up by 350 yuan. . The highest retail prices of other quality gasoline and diesel also increased accordingly.

The city's adjusted retail price of refined oil per litre was: No. 90 gasoline 6.60 yuan, up 0.27 yuan; No. 93 gasoline 7.11 yuan, up 0.28 yuan; No. 97 gasoline 7.52 yuan, up 0.30 yuan; No. 0 diesel 6.98 yuan , increase 0.30 yuan; negative 10 diesel fuel 7.40 yuan, increase 0.32 yuan. Retailers of refined oil products can independently formulate specific retail prices without exceeding the maximum retail prices of gasoline and diesel.

In order to ensure the introduction of price adjustment measures, the Municipal Development and Reform Commission requested Sinopec Tianjin Petroleum Branch Company and China Petroleum and Natural Gas Corporation Tianjin Sales Branch to make reasonable arrangements for transportation, ensure the refined oil market, especially the diesel, and urge its affiliates to strictly implement the national price policy. It is required that price authorities and relevant units at all levels strengthen the price monitoring and supervision and inspection of the refined oil market, resolutely curb the price increase of lifts, and effectively safeguard the stability of the refined oil market; strictly implement the “green channel” policy for the transport of fresh agricultural products and continue to implement them well. This Municipality protects the supply of stable prices.

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