Shanghai Fuel Prices Set to Rise Starting Tomorrow Morning

Deep News18:01

Following the latest announcement from the National Development and Reform Commission, retail fuel prices in Shanghai will be adjusted upward from 24:00 on August 28th. This adjustment aligns the city with the national pricing mechanism.

Under the new rates, 92-octane gasoline will be priced at 8.05 yuan per liter, while 95-octane gasoline will cost 8.56 yuan per liter. Diesel fuel (0-grade) will be sold at 7.74 yuan per liter. For a typical family car with a 50-liter fuel tank, filling up with 92-octane gasoline will now cost approximately 15 yuan more than before the increase.

It should be noted that 98-octane gasoline prices are determined independently by enterprises rather than set by the government. Furthermore, the listed prices for gasoline and diesel correspond to products that meet the national sixth-stage mandatory standards—specifically, ⅥB for vehicle gasoline and Ⅵ for vehicle diesel.

The adjustment takes effect immediately as the clock strikes midnight, impacting motorists across the city who fuel up at both state-owned and private petrol stations. This price revision reflects broader changes in the global oil market and domestic refining costs, as tracked by the national pricing system.

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.

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