China's domestic refined oil product prices are set for a new adjustment, with the 11th pricing window of the year scheduled to open at 24:00 on June 4th. The adjustment figures are largely confirmed, indicating the country may see its second substantial price cut this year. Gasoline prices are projected to decrease by 540 yuan per ton, while diesel prices are expected to drop by 520 yuan per ton.
When converted to retail prices, this translates to a reduction of 0.43 yuan per liter for 92-octane gasoline, 0.46 yuan per liter for 95-octane gasoline, and 0.45 yuan per liter for 0-grade diesel. For a standard family car with a 50-liter fuel tank, a full refill will result in savings of approximately 22 yuan.
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