Domestic Fuel Prices Set for Adjustment

Deep News05-19 17:01

Domestic refined oil product prices are scheduled for an adjustment at 24:00 on Thursday, May 21st. Based on the latest forecast for the eighth working day of the current pricing cycle, the crude oil change rate has reached 1.28% due to consecutive increases in international oil prices. This is expected to result in a price hike of 70 yuan per ton. Calculated by volume, gasoline and diesel prices are projected to rise by approximately 0.05 to 0.06 yuan per liter. The current national average prices for refined oil products are: 8.7 yuan per liter for 92-octane gasoline, 9.28 yuan per liter for 95-octane gasoline, and 8.38 yuan per liter for 0-grade diesel. These prices will remain in effect until the opening of the current price adjustment window. In just over ten days, oil prices have reversed from a decline to an increase. A friendly reminder to all vehicle owners with refueling needs to plan ahead accordingly.

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