Fuel Prices Set to Rise at Midnight: Updated Rates Released

Deep News08-28 16:51

Domestic refined oil prices are set to increase tonight.

According to the National Development and Reform Commission, starting from 24:00 on August 28, domestic gasoline prices will rise by 375 yuan per tonne, and diesel prices by 360 yuan per tonne.

Converted to per-litre terms, 92-octane gasoline will increase by 0.29 yuan, while 95-octane gasoline and 0-diesel will each rise by 0.31 yuan.

For private car owners, filling a standard 50-litre tank will now cost an additional 14.5 yuan.

In the logistics sector, taking a heavy truck that travels 10,000 kilometers per month with a fuel consumption of 38 litres per 100 kilometres as an example, the fuel cost per vehicle will increase by approximately 550 yuan before the next price adjustment window opens.

Please share this update with drivers you know.

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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