Domestic Fuel Prices Set for Adjustment at 24:00 on October 29, With Possible Significant Change

Deep News16:20

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Limited spots are available, so act quickly. Let us go together to the appointment for sustainability! [Click to register] As of now, in 2026, oil prices have shown a situation of "13 increases, 5 decreases, and 2搁浅." According to the latest data statistics, oil prices are set to welcome another increase in the second half of the year. A new round of refined oil product prices will be adjusted at 24:00 on October 29. At present, the crude oil change rate has reached 5.15%, and oil prices are expected to rise by 270 yuan per ton. Based on this expected increase, gasoline and diesel prices will rise by 0.21-0.24 yuan per liter. Note: According to national regulations, gasoline and diesel prices are adjusted every 10 working days. The price adjustment takes effect at 24:00 on the release date. In terms of international oil prices, as of 9:30 Beijing time on October 19, the main ICE Brent crude oil futures contract fell 1.25% during the day to $108.49 per barrel. The main NYMEX WTI crude oil futures contract fell 1.10% during the day to $97.93 per barrel. According to CCTV Finance, escalating geopolitical risks and blocked oil-sector deals reached between the Trump administration and Russia triggered market concerns about the outlook for oil supply, driving international oil prices to fluctuate upward. In addition, affected by factors such as hurricane-induced shutdowns of oil facilities and increased export volumes, U.S. crude oil inventories fell sharply last week, more than expected, amplifying the risk of crude oil shortages. Under the combined effect of multiple factors, international oil prices rose significantly last week, with Brent oil prices accumulating a gain of nearly 5%, while New York oil prices surged more than 10%. Source | CCTV Finance WeChat, Xinhua Net Finance WeChat, Jinwan Bao WeChat

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