Oil Prices Plummet for Four Consecutive Days! Latest Update on Price Adjustment

Deep News11-07

Since Tuesday, statistics for 92 and 95 octane gasoline have shown four straight days of sharp declines, dropping by more than 430 yuan per ton.

According to oil price adjustment rules, the next round of oil price adjustments will take place at 24:00 on November 12 (next Thursday).

This round of oil price adjustment covers a statistical period of 10 working days. As of November 5, the 5th working day of this pricing cycle, institutional estimates show that gasoline is expected to be reduced by 200 yuan per ton, while diesel is expected to be reduced by 195 yuan per ton.

Converted, 92 octane gasoline will drop by 0.16 yuan per liter, 95 octane gasoline will drop by 0.17 yuan per liter, and 0 diesel will drop by 0.17 yuan per liter.

For an ordinary family car with a 50-liter fuel tank, filling up a full tank can save 8 to 8.5 yuan.

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