Starting at 8:00 PM on August 14, the window for adjusting domestic refined oil product prices will open. Monitoring by the Price Monitoring Center shows that during this adjustment cycle, from July 31 at 8:00 PM to August 14 at 8:00 PM, international oil prices initially declined before rebounding.
Effective 8:00 PM on August 14, retail price caps for gasoline and diesel in China will drop by 230 yuan and 220 yuan per ton, respectively. Nationwide averages indicate that 92-octane gasoline, 95-octane gasoline, and 0-diesel will each decrease by 0.18 yuan, 0.19 yuan, and 0.19 yuan per liter.
Following the confirmation of this retail price cut for refined oil products, a private car filling a standard 50-liter tank of 92-octane gasoline will save 9 yuan.
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