China's National Development and Reform Commission has announced an adjustment to refined oil product prices, effective from 24:00 on July 17, 2026, based on recent changes in the international oil market.
In accordance with national regulations, the maximum retail price for 89-octane gasoline (standard product) in the city has been increased by 300 yuan per ton, from 8,905 yuan to 9,205 yuan. The price for 0-diesel (standard product) has been raised by 290 yuan per ton, from 7,900 yuan to 8,190 yuan. The maximum retail prices for other grades of gasoline and diesel have been adjusted accordingly.
The adjusted maximum retail prices per liter in the city are as follows: 89-octane gasoline at 6.87 yuan, up 0.22 yuan; 92-octane gasoline at 7.41 yuan, up 0.24 yuan; 95-octane gasoline at 7.83 yuan, up 0.26 yuan; and 0-diesel at 7.07 yuan, up 0.25 yuan.
Refined oil retailers are permitted to set specific retail prices, provided they do not exceed the established maximums for gasoline and diesel.
For a typical private car with a 50-liter fuel tank, this price adjustment means it will cost approximately 11.5 yuan more to fill the tank. For vehicles with an urban fuel consumption of 7 to 8 liters per 100 kilometers, the average cost per 100 kilometers driven will increase by about 1.7 yuan.
For large logistics transport vehicles with a full load of 50 tons, the average fuel cost per 100 kilometers traveled will increase by approximately 10 yuan.
This adjustment marks the fourteenth price change in 2026 and the ninth increase of the year. Following this adjustment, the pattern for refined oil price adjustments in 2026 will be "nine increases, four decreases, and one hold."
The next price adjustment window is scheduled to open at 24:00 on July 31, 2026. Based on current international crude oil price levels, the next refined oil price adjustment is expected to start with an upward trend.
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