China's domestic refined oil product prices are set for a new round of adjustment at 24:00 on June 18. Multiple institutions forecast that retail prices for gasoline and diesel are expected to see their first consecutive two-round decline this year, with a relatively substantial reduction. The statistical period for this pricing cycle, spanning 10 working days, has already completed 80% of its duration. The current crude oil change rate has reached -4.54%, indicating an expected price reduction of 320 yuan per ton. Converted to a per-liter basis, the reduction is approximately 0.26 yuan. (Note: The final adjustment outcome is subject to the official announcement from the National Development and Reform Commission.) Due to changes in the average international oil price, the final reduction magnitude is expected to widen further. The actual extent of the decrease will depend on international oil price movements in the final few working days. Note: According to national regulations, gasoline and diesel prices are adjusted every 10 working days. The adjusted prices take effect at 24:00 on the day the adjustment is announced.
Comments