Fuel Price Adjustment Scheduled for Midnight Tomorrow

Deep News06-17

China's domestic refined oil product prices are set for a new round of adjustment at 24:00 on June 18.

This adjustment is expected to bring about the first "two consecutive declines" for domestic retail gasoline and diesel prices this year, with the anticipated reduction being quite substantial.

Influenced by the recent trend where international oil prices have fallen more often than they have risen, the current crude oil change rate has already exceeded -3.70%.

It is forecasted that oil prices will be lowered by 270 yuan per ton. Based on the current projected decrease, gasoline and diesel prices are expected to continue falling by 0.21 yuan to 0.24 yuan per liter.

The current estimate points to a reduction of 475 yuan per ton for gasoline and diesel, which translates to a decrease of approximately 0.38 yuan per liter for 92-octane gasoline.

For a typical family car with a 50-liter fuel tank, filling up the tank is expected to cost about 19 yuan less.

(Please note: Current forecasts are for reference only. The specific outcome of the oil price adjustment will be subject to the latest announcement from the National Development and Reform Commission.)

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