China’s domestic gasoline and diesel prices will be cut starting at midnight on April 21, 2026, marking the first reduction of the year, according to the National Development and Reform Commission.
The price adjustment follows a monitoring period in which the average international oil price over the preceding 10 working days was lower than the average before the previous adjustment. The benchmark price for gasoline will be reduced by 555 yuan per ton and diesel by 530 yuan per ton.
For consumers, this translates to a savings of approximately 22 yuan when filling a 50-liter tank with 92-octane gasoline.
Major state-owned oil companies, including CNPC, Sinopec, and CNOOC, have been directed to maintain stable production and distribution to ensure market supply. Local authorities are urged to strengthen oversight and enforce compliance with the new pricing rules.
The NDRC advises the public to report any violations of the pricing policy through the 12315 consumer complaint platform.
This adjustment reflects the ongoing sensitivity of China’s fuel pricing mechanism to global oil market movements, with prices revised based on international crude trends over a rolling 10-day window.
