Fuel Prices Set to Rise: Adjustment Takes Effect Tonight

Deep News17:51

The domestic refined oil price adjustment window will open at 24:00 today (August 28). National averages indicate that 92-octane gasoline, 95-octane gasoline, and 0-diesel will see price increases of 0.29 yuan, 0.31 yuan, and 0.31 yuan per liter, respectively.

According to monitoring by the price monitoring center of the National Development and Reform Commission, international oil prices fluctuated during this adjustment cycle (from 24:00 on August 14 to 24:00 on August 28). Starting at 24:00 on August 28, the retail price caps for domestic gasoline and diesel will be raised by 375 yuan and 360 yuan per ton, respectively.

On a national average basis, this translates to increases of 0.29 yuan, 0.31 yuan, and 0.31 yuan per liter for 92-octane gasoline, 95-octane gasoline, and 0-diesel, respectively. A quick calculation shows that with this confirmed increase in retail price limits, refueling a standard 50-liter tank of 92-octane gasoline will cost an additional 14.5 yuan per fill-up.

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