Fuel Price Adjustment Expected This Friday

Deep News
2 hours ago

Motorists should take note that domestic refined oil prices are set to undergo an adjustment at 24:00 on August 28th.

According to calculations by market institutions and in line with the "ten working days" principle, as of the seventh working day on August 25th, the average price of reference crude oil varieties stood at $88.87 per barrel. This represents an increase of 7.54% compared to the previous price adjustment cycle.

When converted to retail fuel prices, it is estimated that the retail price of domestic gasoline and diesel will rise by approximately 0.4 yuan per liter. For a private car with a 50-liter fuel tank, filling up the tank will cost an additional 20 yuan or so.

Below is this year's fuel price adjustment calendar.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10