Data released by the Xinhua Oil Price System on December 24 shows that the average price change rate of the crude oil basket stood at 2.22% on December 23.
According to China's refined oil pricing mechanism, domestic gasoline and diesel prices are adjusted every 10 working days based on international crude oil price movements. Price adjustments take effect at 24:00 on the day of announcement.
When the price adjustment is less than 50 yuan per ton, no change will be made, and the difference will be carried over to the next adjustment cycle. Under special circumstances as stipulated by the mechanism, price adjustments may be suspended, delayed, or implemented with reduced magnitude.
December 24 marks the second working day of the current pricing cycle. The next price adjustment window will open at 24:00 on January 6, 2026.