Fuel Prices Set to Increase Tomorrow

Deep News11:35

Domestic fuel prices are scheduled for an adjustment tomorrow, Friday, July 17th. It is anticipated that the price per liter for 92-octane gasoline will rise by 0.12 yuan, 95-octane gasoline by 0.13 yuan, and 0-diesel by 0.12 yuan.

According to the domestic refined oil product pricing cycle schedule, the fourteenth adjustment window of the year will open at 24:00 on July 17th, with today marking the eighth working day of the price review period.

Based on recent calculations, gasoline and diesel prices are forecast to increase by approximately 150 yuan and 145 yuan per ton, respectively. Translating to retail pump prices, this translates to an estimated rise of 0.12 yuan per liter for 92-octane gasoline, 0.13 yuan for 95-octane, and 0.12 yuan for 0-diesel.

The current national average retail prices stand at approximately 7.16 yuan per liter for 92-octane, 7.65 yuan for 95-octane, and 6.80 yuan for 0-diesel.

A friendly reminder: with prices potentially rising on Friday evening, drivers of fuel-powered vehicles may consider refueling before the adjustment takes effect at 24:00 on July 17th to save on travel expenses.

Practical Tips for Fuel Efficiency

Driving Habits: The Key to Consumption

Aggressive driving habits like rapid acceleration from a standstill and frequent hard braking can increase fuel consumption by up to 30%. For better efficiency, accelerate gently to allow engine RPM to rise smoothly, avoiding high-stress operation. Maintain a steady speed while driving, aiming for 60-80 km/h in urban areas and not exceeding 120 km/h on highways, as most vehicles are most efficient within these ranges. Anticipate stops by easing off the accelerator early and coasting towards red lights or traffic jams instead of braking hard at the last moment, which saves fuel and reduces brake wear.

Vehicle Load: Lighten the Load

Unnecessary weight and added drag significantly impact fuel economy. Items left in the trunk, roof racks, or external storage boxes increase aerodynamic drag and vehicle mass. Tests indicate that every extra 100 kilograms of weight can raise fuel consumption by 5% to 8%. Regularly clearing out unused items from the trunk and removing long-term external fixtures allows your vehicle to run lighter and more efficiently.

Air Conditioning: Smart Usage Saves More

While using air conditioning consumes fuel, driving with windows down at high speeds can be less efficient. At speeds below 60 km/h, open windows are generally more economical. However, at speeds over 80 km/h, the aerodynamic drag from open windows consumes more fuel than running the AC compressor. For optimal AC use, ventilate the cabin by opening windows for two minutes before turning on the cooling, set the temperature between 24-26°C, and use recirculation mode to reduce the system's workload and save fuel.

Regular Maintenance: Keep the Engine Running Smoothly

Proper engine maintenance is crucial for fuel efficiency. Adhere to oil change schedules using the manufacturer's recommended grade, as overly thick oil increases engine resistance. Regularly clean or replace the air filter; a clogged filter restricts airflow, leading to incomplete combustion. Also, check tire pressure regularly, as under-inflated tires increase rolling resistance—a drop of 0.3 bar can lead to about a 1% increase in fuel consumption.

Route Planning: Avoid Congestion

Idling in traffic wastes fuel. Before heading out, use navigation apps to check real-time traffic and avoid congested routes and peak hours. Opt for routes with fewer traffic lights and smoother traffic flow to minimize frequent stops and starts. A clear route can save over 20% in fuel compared to a congested one for the same distance, while also reducing travel time.

Additional Considerations: Small Habits Add Up

Turn off the engine during prolonged idling (over three minutes), such as at long red lights or while waiting, to avoid unnecessary fuel burn. Refueling during cooler morning or evening hours can be advantageous due to fuel's higher density at lower temperatures, meaning you get slightly more mass per liter. For short urban trips, consider filling only half the tank to reduce weight; reserve full tanks for longer journeys to avoid extra trips to the gas station. Minimize rapid acceleration for overtaking and unnecessary lane changes, as these actions cause sudden spikes in fuel consumption.

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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