Fuel Prices Set for Another Adjustment Today

Deep News08:44

According to the domestic refined oil product pricing cycle schedule, the price adjustment window for refined oil products will open again at 24:00 on July 3.

Based on forecasts from specialized institutions, influenced by recent international oil price movements, the current crude oil change rate has reached -15%. This indicates an expected price reduction of 820 yuan per ton.

If the anticipated decrease holds, prices for gasoline and diesel are projected to fall by 0.62 yuan to 0.74 yuan per liter.

The final adjusted price for this round will be subject to the official announcement from the National Development and Reform Commission.

The two price adjustments in June have already resulted in two consecutive reductions. The cumulative decrease for gasoline and diesel was 1040 yuan and 1000 yuan per ton, respectively, equating to a cumulative drop of 0.84 to 0.89 yuan per liter.

As a result, the price of 92-octane gasoline has fallen below the 8 yuan mark, returning to the 7-yuan range.

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