On the afternoon of March 5th, the National Development and Reform Commission announced on its official website that according to the recent changes in international market oil prices and the current mechanism for forming refined oil prices, the domestic prices of gasoline and diesel (standard products, the same below) will be reduced by 135 yuan and 130 yuan per ton respectively at 24:00 on March 5th. The discounted prices of 92 # gasoline, 95 # gasoline, and 0 # diesel have all been reduced by 0.11 yuan. This is the first "two consecutive reductions" in retail price limits for refined oil products in China since 2025, and consumer travel costs will continue to decrease.