Oil Price Update: Expected Price Cut Signals a Shift in the Trend

Deep News08-31 13:40

According to the refined oil product pricing mechanism, the next adjustment window will open at 24:00 on September 11. With international crude oil prices recently showing more declines than gains, the projected change in international crude oil has reached -1.25%.

As a result, it is anticipated that gasoline and diesel prices, including grades such as 92 and 95, will be reduced by 60 yuan per ton, translating to a per-liter drop of between 0.05 yuan and 0.06 yuan. This marks a reversal from the previous upward trend.

The specific adjustment details will be based on the final official announcement. We will continue to provide timely updates on the outcome.

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