Latest Oil Price Update: Domestic Refined Oil Set for Another Round of Increases

Deep News10-25 14:11

The 21st round of domestic refined oil price adjustment for 2026 is scheduled for 24:00 on October 29. As of October 23, the latest information shows that gasoline and diesel prices are set to rise by 290 yuan per ton and 280 yuan per ton respectively.

After conversion, 92-octane gasoline is expected to increase by 0.23 yuan per liter, 95-octane gasoline by 0.25 yuan per liter, and 0-octane diesel by 0.24 yuan per liter. Compared with the expected increase at the beginning of the pricing cycle, the magnitude has nearly doubled.

Current average domestic oil prices stand at 8.59 yuan per liter for 92-octane gasoline, 9.17 yuan per liter for 95-octane gasoline, and 8.27 yuan per liter for 0-octane diesel, just 0.3 yuan per liter away from the year's high.

At this stage, the probability of an upward adjustment in this round is already very high, with the increase approaching 0.25 yuan per liter, and there is still room for further gains. If the current forecast materializes, after the October 29 adjustment, domestic 92-octane and 95-octane gasoline prices may hit new highs.

Drivers who need to refuel may want to plan ahead.

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