Domestic Fuel Prices Set for Reduction

Deep News06-04 17:53

Fuel prices in China are set to decrease, with a full tank expected to cost around 20.5 yuan less.

The domestic refined oil product price adjustment window will open from 24:00 today. According to monitoring, the international oil price fluctuated during the latest pricing cycle, initially falling before rising again.

Effective from midnight tonight, the prices for domestic gasoline and diesel will be reduced by 525 yuan and 505 yuan per tonne, respectively. On average nationwide, the prices for 92-octane gasoline, 95-octane gasoline, and 0-grade diesel will drop by 0.41 yuan, 0.44 yuan, and 0.43 yuan per litre.

For a typical 50-litre fuel tank filled with 92-octane gasoline, this reduction translates to a saving of approximately 20.5 yuan per refill.

The logistics sector will also see lower operating costs. For instance, a heavy-duty truck covering 10,000 kilometres per month with a fuel consumption of 38 litres per 100 kilometres is expected to see its fuel costs reduced by about 763 yuan over the next half-month period.

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