Fuel Prices Set to Rise: Adjustment Scheduled for October 29

Deep News10-28 12:11

Attention drivers in Qujing: according to fuel price adjustment rules, the next round of fuel price changes will take effect at 24:00 on October 29.

On October 26, international oil prices continued to decline. As of 12:45 Beijing time, WTI crude oil futures fell 2.21% to $100.98 per barrel, while Brent crude oil futures dropped 1.92% to $114.48 per barrel.

Institutions expect oil prices to remain in a high-level oscillation range.

Latest institutional estimates: gasoline and diesel prices are projected to increase by 370 yuan per ton and 355 yuan per ton, respectively. Converted, this means 92-octane gasoline will rise by 0.3 yuan per liter, 95-octane gasoline will rise by 0.32 yuan per liter, and 0-diesel will rise by 0.31 yuan per liter.

Friendly reminder: these are only cyclical forecast data, the pricing cycle has not yet ended, and international oil prices remain volatile. The final adjustment result will be subject to the notice from the National Development and Reform Commission on October 29. Those planning to refuel may want to arrange their time reasonably and fill up in advance!

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.

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