Shandong's Latest Fuel Prices Revealed: Adjustments Take Effect at Midnight Tonight

Deep News15:41

Shandong Province has announced its updated fuel price adjustments, effective from 24:00 on August 28, 2026, following the latest pricing information released by the National Development and Reform Commission. Both gasoline and diesel maximum wholesale and retail prices will increase by 375 yuan per tonne and 360 yuan per tonne, respectively.

The revised maximum wholesale and retail prices for all grades of gasoline and diesel in the province, along with related details, are outlined in the accompanying table. Notably, fuel supplied by refined oil production and operation enterprises to the national reserve will be priced at 9,305 yuan per tonne for gasoline and 8,255 yuan per tonne for diesel, both based on the national standard VI benchmark products.

All listed gasoline and diesel prices correspond to products meeting the sixth-stage mandatory national standards, specifically VIB vehicle gasoline and VI vehicle diesel. Additionally, the maximum retail price for vehicle ethanol gasoline will follow the same price as its equivalent grade of regular gasoline.

These prices incorporate consumption tax, value-added tax, urban construction tax, and education surcharges. Any other pricing policies will continue to adhere to the National Development and Reform Commission's Measures for Petroleum Price Management and the province's existing pricing regulations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment