24-hour Oil Price Drop Coming Tomorrow

Deep News08-13

Drivers have reason to celebrate! The next window for adjusting refined oil product prices will officially open at 24:00 on August 14. According to data from multiple domestic oil product monitoring agencies, international crude oil prices initially fell and then rose during the current pricing cycle, with the overall average price declining compared to the previous period. This has kept the domestic crude oil change rate in negative territory, making a price cut for this round a certainty, and fuel costs for vehicle owners are set to decrease.

Forecasts indicate that the retail prices of refined oil products will be lowered as scheduled, with gasoline and diesel prices dropping by approximately 0.15 yuan per liter. This means private car owners can save on travel expenses when filling up a full tank. (The final adjustment result is subject to official announcement.)

Industry insiders point out that the current international crude oil market is complex and volatile, with frequent fluctuations. Geopolitical conflicts and strait transit issues continue to influence oil price trends. Following this price reduction, domestic refined oil product prices will continue to be dynamically adjusted in line with changes in the international crude oil market.

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