Gasoline and Diesel Prices Rise in China

TapTechNews June 27th news. According to the National Development and Reform Commission today, in accordance with the current mechanism for the formation of refined oil prices, a new round of refined oil price adjustment window will open at 24:00 on June 27. The specific situation of this oil price adjustment is as follows: The retail price limit of gasoline and diesel is raised by 210 yuan and 200 yuan per ton respectively.

On average across the country, the price of 92-octane gasoline is raised by $0.24 per liter, the price of 95-octane gasoline is raised by $0.25 per liter, and the price of 0# diesel is raised by $0.25 per liter. According to the estimation of a general household car fuel tank with a capacity of 50 liters, filling a tank of 92-octane gasoline will cost $12 more.

According to the national mechanism of adjusting once every ten working days, the next adjustment day is at 24:00 (Thursday) on July 11.

TapTechNews noticed that this is also the sixth increase in domestic oil price adjustments this year. It is currently "six increases, four decreases and three stalemates".

92-octane gasolineAdjustment range ($/liter)After adjustment ($/liter)January 3rd↑$0.24$2.81January 17th↓$0.06$2.75January 31st↑$0.24$2.99February 19th-$2.99March 4th↑$0.25$3.24March 18th-$3.24April 1st↑$0.41$3.65April 16th↑$0.24$3.89April 29th↓$0.08$3.81May 15th↓$0.27$3.54May 29th-$3.54June 13th↓$0.22$3.32June 27th↑$0.24$3.5695-octane gasolineAdjustment range ($/liter)After adjustment ($/liter)January 3rd↑$0.25$3.01January 17th↓$0.06$2.95January 31st↑$0.25$3.20February 19th-$3.20March 4th↑$0.25$3.45March 18th-$3.45April 1st↑$0.41$3.86April 16th↑$0.25$4.11April 29th↓$0.08$4.03May 15th↓$0.29$3.74May 29th-$3.74June 13th↓$0.24$3.50June 27th↑$0.25$3.75
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