Recently, the National Development and Reform Commission announced that since May 1, the domestic retail price of gasoline and diesel has dropped by 75 yuan and 65 yuan per ton respectively.
The oil price adjustment was due to the reduction of some industry and goods VAT rate policies introduced on May 1, in which the value-added tax rate of refined oil was reduced from 17% to 16%, so the domestic refined oil price also responded.
To the retail level, taking Beijing as an example, the No. 92 gasoline was adjusted from 7.13 yuan per liter to 7.07 yuan, a decrease of 0.06 yuan; the 95th gasoline was adjusted from 7.59 yuan per liter to 7.53 yuan, a decrease of 0.06 yuan; The increase of 6.79 yuan was 6.74 yuan, a decrease of 0.05 yuan.
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