Hong Kong, March 13, 2026 — Hong Kong’s Competition Commission has met with major petrol companies to discuss recent fluctuations in auto-fuel prices and to remind industry players to comply with competition rules.
The meeting was convened in response to sharp increases in global oil prices linked to ongoing tensions in the Middle East, which have led to noticeable volatility in retail fuel prices in Hong Kong.
According to the Commission, the discussions aimed to better understand recent movements in local fuel prices and address concerns about their impact on consumers. The regulator also emphasized the importance of complying with the Competition Ordinance to maintain fair competition in the auto fuel market.
The authority called on petrol companies to improve transparency in fuel pricing and discount schemes, enabling consumers and drivers to make more informed purchasing decisions.
Representatives from several major fuel companies attended the meeting, including Caltex, Esso, PetroChina and Sinopec, after the Commission invited leading operators in the local fuel market to discuss the issue.
The Commission said it will continue monitoring developments in the fuel market to ensure that competition remains fair and that consumers have access to clear information about pricing.
Source: https://www.compcomm.hk/en/media/press/files/petrol_company_PR.pdf
