Notice of Upcoming Fuel Price Adjustment

Deep News10-25 15:01

Under the refined oil pricing mechanism, the next fuel price adjustment will take effect at midnight on October 29 (next Thursday).

According to the latest news on the October 24 fuel price adjustment: international oil prices have risen significantly. As of the close on October 23, light sweet crude futures for December delivery on the New York Mercantile Exchange climbed $3.80 to settle at $103.27 per barrel, a gain of 3.82%; London Brent crude futures for December delivery rose $3.55 to settle at $116.72 per barrel, a gain of 3.14%.

Today's fuel price forecast: It has been 8 days since the fuel price adjustment was left unchanged late last Thursday. Driven by continued gains in international oil prices during this period, fuel prices in October have resumed their rise, with the international crude oil change rate now exceeding 5.40%. An increase of 305 yuan per ton (0.23 yuan to 0.28 yuan per liter) is expected.

Looking at this year's fuel price trend, 20 rounds of adjustment have already been completed in 2026, with an overall pattern of more increases than decreases: 13 hikes, 2 standstills and 5 cuts. Compared with prices at the start of the year, gasoline prices have risen by a cumulative 2,375 yuan per ton and diesel by 2,290 yuan per ton, equivalent to an increase of 1.9 yuan to 2.03 yuan per liter.

Current national average reference fuel prices: No. 92 gasoline at 8.59 yuan per liter, No. 95 gasoline at 9.17 yuan per liter, and No. 0 diesel at 8.27 yuan per liter.

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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