Next Oil Price Adjustment Scheduled for October 29 as International Crude Surge Points to Higher Pump Prices

Deep News18:50

According to the oil price adjustment mechanism, the next round of fuel price changes will take effect at 24:00 on October 29. As of October 19, driven by a recent sharp rally in international crude oil prices, the current international crude oil change rate stands at 5.15%. Gasoline and diesel prices are expected to rise by 270 yuan per ton, which translates to an increase of approximately 0.21 yuan to 0.24 yuan per liter.

Looking back at the full-year oil price trend for 2026, there have so far been 13 increases, 5 decreases, and 2 instances where adjustments were shelved. Gasoline prices have accumulated a rise of 2,375 yuan per ton, while diesel prices have accumulated a rise of 2,290 yuan per ton. Converted to per-liter terms, pump prices have climbed by 1.9 yuan to 2.03 yuan.

Meanwhile, the 2026 Sustainable Global Leaders Conference will return to the banks of the Huangpu River in Shanghai from October 20 to 22. Nobel Prize and Turing Award laureates will take the stage to discuss the future and trends of technology. The event will also feature a live dialogue between internet-famous professors Michael Macfarlane and Xiang Biao, who will address anxiety and the era of intense competition. Seats are limited and expected to go quickly, so those interested are encouraged to join the sustainability gathering and click to register.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1154081641?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-19 18:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1154081641","market":"other","top_or_hot":-1,"title":"Next Oil Price Adjustment Scheduled for October 29 as International Crude Surge Points to Higher Pump Prices","media":"Deep News","content":"<p>According to the oil price adjustment mechanism, the next round of fuel price changes will take effect at 24:00 on October 29. As of October 19, driven by a recent sharp rally in international crude oil prices, the current international crude oil change rate stands at 5.15%. Gasoline and diesel prices are expected to rise by 270 yuan per ton, which translates to an increase of approximately 0.21 yuan to 0.24 yuan per liter.<br><br>Looking back at the full-year oil price trend for 2026, there have so far been 13 increases, 5 decreases, and 2 instances where adjustments were shelved. Gasoline prices have accumulated a rise of 2,375 yuan per ton, while diesel prices have accumulated a rise of 2,290 yuan per ton. Converted to per-liter terms, pump prices have climbed by 1.9 yuan to 2.03 yuan.<br><br>Meanwhile, the 2026 Sustainable Global Leaders Conference will return to the banks of the Huangpu River in Shanghai from October 20 to 22. Nobel Prize and Turing Award laureates will take the stage to discuss the future and trends of technology. The event will also feature a live dialogue between internet-famous professors Michael Macfarlane and Xiang Biao, who will address anxiety and the era of intense competition. Seats are limited and expected to go quickly, so those interested are encouraged to join the sustainability gathering and click to register.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Next Oil Price Adjustment Scheduled for October 29 as International Crude Surge Points to Higher Pump Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNext Oil Price Adjustment Scheduled for October 29 as International Crude Surge Points to Higher Pump Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-10-19 18:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>According to the oil price adjustment mechanism, the next round of fuel price changes will take effect at 24:00 on October 29. As of October 19, driven by a recent sharp rally in international crude oil prices, the current international crude oil change rate stands at 5.15%. Gasoline and diesel prices are expected to rise by 270 yuan per ton, which translates to an increase of approximately 0.21 yuan to 0.24 yuan per liter.<br><br>Looking back at the full-year oil price trend for 2026, there have so far been 13 increases, 5 decreases, and 2 instances where adjustments were shelved. Gasoline prices have accumulated a rise of 2,375 yuan per ton, while diesel prices have accumulated a rise of 2,290 yuan per ton. Converted to per-liter terms, pump prices have climbed by 1.9 yuan to 2.03 yuan.<br><br>Meanwhile, the 2026 Sustainable Global Leaders Conference will return to the banks of the Huangpu River in Shanghai from October 20 to 22. Nobel Prize and Turing Award laureates will take the stage to discuss the future and trends of technology. The event will also feature a live dialogue between internet-famous professors Michael Macfarlane and Xiang Biao, who will address anxiety and the era of intense competition. Seats are limited and expected to go quickly, so those interested are encouraged to join the sustainability gathering and click to register.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBO","symbol_name":"原油ETF-PowerShares","start_time":0,"source_url":"","article_id":"1154081641","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154081641","pubTimestamp":1792407039,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"According to the oil price adjustment mechanism, the next round of fuel price changes will take effect at 24:00 on October 29. As of October 19, driven by a recent sharp rally in international crude...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DBO":"原油ETF-PowerShares","SDOG":"ALPS Sector Dividend Dogs ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","DIG":"二倍做多美国油气指数","DBC":"商品指数ETF-PowerShares DB","DBE":"能源商品ETF-PowerShares","VOOV":"Vanguard S&P 500 Value ETF","BK4570":"地缘局势概念股","USE":"USCF Energy Commodity Strategy Absolute Return Fund","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","PEJ":"INVESCO LEISURE AND ENTERTAINMENT ETF","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF","OIH":"石油服务ETF","SPXT":"ProShares S&P 500 Ex-Technology ETF","BK4585":"ETF&股票定投概念","VDE":"Vanguard Energy ETF","USL":"United States 12 Month Oil Fund LP","FTXN":"First Trust Nasdaq Oil & Gas ETF","XLEX":"Corgi U.S. Energy 2x Daily ETF","PXJ":"Invesco Oil & Gas Services ETF","ERX":"二倍做多能源ETF-Direxion","IXC":"全球能源业ETF-iShares","TPOR":"Direxion Daily Transportation Bull 3X ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","BNO":"美国布伦特原油基金有限合伙企业","DRLL":"Strive U.S. Energy ETF","OILK":"ProShares K-1 Free Crude Oil ETF","UAE":"iShares MSCI UAE ETF","WEEI":"Westwood Salient Enhanced Energy Income ETF","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","OILT":"Texas Oil Index ETF","IEO":"iShares Dow Jones U.S. Oil & Gas","GUSH":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","PXE":"Invesco Energy Exploration & Production ETF","BWET":"BREAKWAVE TANKER SHIPPING ETF","BK4588":"碎股","UGA":"United States Gasoline Fund LP"},"translate_title":"下一次油价调整定于 10 月 29 日进行，因为国际原油飙升导致零售价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DUG":1,"PXE":1,"PXJ":1,"WEEI":1,"USL":1,"USOI":1,"DBE":1,"DIG":1,"IEO":1,"SDOG":1,"OILT":1,"FTXN":1,"DRIP":1,"USE":1,"UGA":1,"OIH":1,"BWET":1,"DBC":1,"XLEX":1,"XES":1,"DBO":1,"ERX":1,"UAE":1,"PEJ":1,"GUSH":1,"BNO":1,"OILU":1,"DRLL":1,"VOOV":1,"VDE":1,"WTIU":1,"SPXT":1,"OILK":1,"TPOR":1,"IXC":1},"content_text":"According to the oil price adjustment mechanism, the next round of fuel price changes will take effect at 24:00 on October 29. As of October 19, driven by a recent sharp rally in international crude oil prices, the current international crude oil change rate stands at 5.15%. Gasoline and diesel prices are expected to rise by 270 yuan per ton, which translates to an increase of approximately 0.21 yuan to 0.24 yuan per liter.Looking back at the full-year oil price trend for 2026, there have so far been 13 increases, 5 decreases, and 2 instances where adjustments were shelved. Gasoline prices have accumulated a rise of 2,375 yuan per ton, while diesel prices have accumulated a rise of 2,290 yuan per ton. Converted to per-liter terms, pump prices have climbed by 1.9 yuan to 2.03 yuan.Meanwhile, the 2026 Sustainable Global Leaders Conference will return to the banks of the Huangpu River in Shanghai from October 20 to 22. Nobel Prize and Turing Award laureates will take the stage to discuss the future and trends of technology. The event will also feature a live dialogue between internet-famous professors Michael Macfarlane and Xiang Biao, who will address anxiety and the era of intense competition. Seats are limited and expected to go quickly, so those interested are encouraged to join the sustainability gathering and click to register.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1154081641","isCrawlerRequest":true}