Oil Prices Plunge Sharply: Latest Adjustment Details

Deep News08:52

International oil prices experienced a sharp decline of 4% at the opening of trading on June 15th. As of the latest update, WTI crude oil is down over 4% for the day, currently trading at $81.258 per barrel.

A new round of domestic refined oil price adjustments is scheduled for 24:00 on June 18th. The statistical period for this pricing cycle, which spans ten working days, has now completed six days. Influenced by the recent trend of international oil prices falling more often than rising, the current crude oil change rate has exceeded -3.70%.

This is expected to lead to a price reduction of 270 yuan per ton. Based on the current projected decline, the prices for gasoline and diesel are anticipated to fall further by 0.21 yuan to 0.24 yuan per liter.

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