Zhejiang Adjusts Fuel Prices Effective May 21: 92-Octane at 8.74 Yuan/Liter, 95-Octane at 9.30 Yuan/Liter

Deep News05-21 19:11

Fuel prices in Zhejiang have been updated with a new adjustment effective today, May 21. In accordance with the national retail fuel price adjustment announced by the National Development and Reform Commission, and based on recent changes in international market oil prices, the maximum retail prices for gasoline and diesel (standard grade) in Zhejiang Province have been raised by 75 yuan and 70 yuan per ton, respectively, starting from 24:00 on May 21. Corresponding adjustments have also been made to the maximum retail prices for non-standard grades according to state-specified quality ratios. For specific details, please refer to the attached table issued by the Zhejiang Provincial Development and Reform Commission on May 21, 2026.

Note: 1. The above prices are effective from 24:00 on May 21, 2026. 2. The gasoline and diesel prices listed are for Phase VI mandatory national standard VIB gasoline and VI diesel. 3. The standard grades for Phase VI are 89-octane gasoline and 0-grade vehicle diesel. 4. The price for 98-octane gasoline is subject to market regulation.

Following the previous domestic fuel price adjustment on May 8, international crude oil prices experienced fluctuations, initially rising before declining somewhat. The average price over the 10 working days preceding this adjustment was higher than the average over the 10 working days before the last adjustment. Based on the changes in international market oil prices, domestic prices for gasoline and diesel (standard grade) have been increased by 75 yuan and 70 yuan per ton, respectively, effective from 24:00 on May 21. On a national average, the prices for 92-octane gasoline, 95-octane gasoline, and 0-grade diesel have each risen by 0.06 yuan per liter. Filling a 50-liter tank with 92-octane gasoline will now cost approximately 3 yuan more.

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