Fuel Prices Set to Rise Significantly Tomorrow Evening

Deep News07-30 18:51

Domestic refined oil prices are scheduled for adjustment tomorrow evening, July 31st at 24:00, with the current 10 working-day statistical period for this round having completed 9 days of tracking.

Driven by a sharp rebound in international oil prices today, the crude oil change rate has reached 13.32%, with an estimated price increase of 680 yuan per ton. Based on current projections, gasoline and diesel prices are expected to see a substantial rise of 0.52 yuan to 0.61 yuan per liter tomorrow evening.

Some institutional calculations suggest that, under the current rate, 92-octane gasoline could rise by 0.54 yuan per liter, 95-octane gasoline by 0.58 yuan per liter, and 0-diesel by 0.56 yuan per liter. (Note: All forecasted increases are estimates from various institutions; the final adjustment will be announced by the National Development and Reform Commission.)

After this round of price adjustments, 92-octane gasoline in many domestic regions may exceed the 8 yuan per liter mark, while 95-octane gasoline could reach 8.5 yuan per liter. For a 70-liter fuel tank, it is estimated that private car owners could pay about 40 yuan more to fill up a full tank.

Drivers with immediate needs are advised to refuel before 24:00 on July 31st to save on fuel costs.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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