• Like
  • Comment
  • Favorite

Latest Oil Price Adjustment: Predicted 92 Octane Gasoline Increase of 0.65 Yuan Per Liter by July 31st at Midnight

Deep News07:31

As of July 27th, only four days remain until the 15th refined oil product price adjustment window of 2026, which opens at midnight on July 31st. Since the beginning of this pricing cycle, international crude oil prices have maintained a streak of consecutive gains. Despite a notable decline in international oil prices last Friday, the sustained surge in crude oil during the early part of the period has provided a strong base, ensuring that domestic oil prices will still see a "second consecutive increase" this month.

As of the 6th working day of the pricing cycle on July 27th, market forecasts indicate that the upward adjustments for gasoline and diesel are 810 yuan per ton and 780 yuan per ton, respectively. Based on standard conversion rates, 92 octane gasoline is expected to rise by 0.65 yuan per liter, 95 octane gasoline by 0.69 yuan per liter, and 0 diesel by 0.67 yuan per liter.

According to market institutions, starting from midnight on July 31st, domestic refined oil product prices are expected to increase, with a conversion of roughly 0.8 yuan per liter. For a typical family car with a 50-liter fuel tank, refueling after the adjustment could cost around 40 yuan more. It is recommended that drivers refuel at staggered times to avoid the peak.

For a wealth of information and precise interpretations, stay tuned to financial news applications.

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.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24