Fuel Price Adjustment Alert: Next Round of Oil Price Changes Expected October 29, with Gasoline and Diesel Prices Forecast to Rise by 0.15 to 0.18 Yuan per Liter

Deep News10-18 16:20

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The next round of oil price adjustment is scheduled for 24:00 on October 29. The current crude oil change rate has reached about 4%, with an estimated increase of 200 yuan per ton. The expected increase has already far exceeded the threshold for an upward adjustment, and it is predicted that the next gasoline and diesel prices will rise by 0.15 yuan to 0.18 yuan per liter.

After the oil price adjustment was suspended in October, prices are once again surging higher.

Friendly reminder: the current figures are only cyclical forecast data, and the final price adjustment result shall be subject to the notice from the National Development and Reform Commission on October 29.

Separately, according to reports, international oil prices rose on the 16th. As of the close that day, the November delivery light crude oil futures price on the New York Mercantile Exchange rose by 3.44 US dollars to close at 101.41 US dollars per barrel, an increase of 3.51%; the December delivery London Brent crude oil futures price rose by 3.94 US dollars to close at 109.86 US dollars per barrel, an increase of 3.72%.

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