At present, with high oil prices, the “ceiling” restriction in the domestic refined oil pricing mechanism has ushered in a more explicit policy “patch”. The notice of the national development and Reform Commission of the Ministry of Finance on the implementation of phased price subsidies after the international oil price reaches the regulatory upper limit (hereinafter referred to as the notice), published on the official website of the Ministry of Finance on June 29, said that in order to ensure the safe and stable supply of refined oil, reduce the operating costs of the real economy and reduce the burden on consumers, with the consent of the State Council, when the price of crude oil in the international market is higher than the national regulatory upper limit of refined oil price, The price of refined oil will not be raised periodically, and the central government will give corresponding price subsidies to oil refining enterprises

the notice specifies that when the price of crude oil in the international market is higher than the upper limit of regulation (US $130 per barrel), oil refining enterprises will be given phased price subsidies, and the duration of the policy will be temporarily controlled by two months. Subsequently, if the price of crude oil in the international market continues to be higher than the upper limit of regulation for the price of finished oil stipulated by the state, relevant regulation policies will be defined in advance. Oil refining enterprises refer to the domestic production, entrusted processing and import of gasoline and diesel oil production and operation enterprises, including refineries under the “three barrels of oil” and private refineries< br>