At 24:00 on May 8, domestic refined oil product prices are set for an adjustment. In the current 10-working-day statistical cycle for fuel prices, three working days have already been completed. Due to the recent continuous sharp rise in international oil prices, the trend has shifted from a decline to an increase. The current crude oil change rate has exceeded 1.16%, and prices are expected to rise by 100 yuan per ton. Based on the current increase, gasoline and diesel prices are projected to climb again by 0.08 to 0.09 yuan per liter.
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.
Comments