Domestic Fuel Price Adjustment Scheduled for May 21st

Deep News12:02

At 24:00 on May 21st, domestic refined oil product prices will be adjusted. With only 8 days remaining until the tenth pricing window of 2026, 30% of the current pricing cycle has been completed. Due to a significant surge in international oil prices the previous day, expectations for a domestic price cut have narrowed substantially. Although a reduction is still indicated for now, the risk of a subsequent reversal has increased sharply. Current forecasts predict a reduction of 180 yuan per ton for gasoline and 175 yuan per ton for diesel. Converted, this equates to a decrease of 0.14 yuan per liter for 92-octane gasoline, and 0.15 yuan per liter for both 95-octane gasoline and 0-grade diesel. The scale of the reduction has notably diminished compared to earlier forecasts.

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