The National Development and Reform Commission has adjusted refined oil product prices effective from 24:00 on July 17, 2026, based on recent changes in international market oil prices.
In accordance with national regulations, the maximum retail price for 89-octane gasoline (the standard product) in the city has been increased by 300 yuan per ton, rising from 8,905 yuan to 9,205 yuan. The maximum retail price for 0-diesel (the standard product) has been raised by 290 yuan per ton, moving from 7,900 yuan to 8,190 yuan. The maximum retail prices for other grades of gasoline and diesel have been adjusted accordingly.
The adjusted maximum retail prices per liter for refined oil products in the city are as follows: 89-octane gasoline at 6.87 yuan, up 0.22 yuan; 92-octane gasoline at 7.41 yuan, up 0.24 yuan; 95-octane gasoline at 7.83 yuan, up 0.26 yuan; and 0-diesel at 7.07 yuan, up 0.25 yuan.
Retail fuel enterprises may set specific retail prices provided they do not exceed the maximum retail prices for gasoline and diesel.
For a typical private car with a 50-litre fuel tank, this price adjustment means it will cost approximately 11.5 yuan more to fill the tank. For vehicles with an urban fuel consumption of 7 to 8 litres per 100 kilometres, the average cost per 100 kilometres driven will increase by about 1.7 yuan.
For large logistics transport vehicles with a full load of 50 tonnes, the average fuel cost per 100 kilometres driven will increase by approximately 10 yuan.
This adjustment marks the fourteenth fuel price change of 2026 and the ninth increase this year. Following this adjustment, the pattern for 2026 refined oil price adjustments will show nine increases, four decreases, and one instance of no change.
The next price adjustment window will open at 24:00 on July 31, 2026. Based on current international crude oil price levels, the next round of refined oil product price adjustments is expected to begin with an upward trend.
Comments