Crude oil is a futures with floating price. According to international practice, China adopts a "22+4%" adjustment mechanism. That is, referring to the changes of international crude oil futures price in the past 1 month (22 trading days), if the price fluctuates above 4%, the domestic refined oil price will be raised or lowered accordingly. Generally speaking, the pricing is determined by the National Development and Reform Commission (NDRC), when the media will release the changes in the retail prices of gasoline and diesel.

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Reply time: 2022-0 1-05. Please refer to the latest business changes announced by Ping An Bank in official website.