China's Domestic Oil Prices See the 7th Increase in 2024

TapTechNews July 11th news, the National Development and Reform Commission announced today that as of 24:00 on July 11th, the domestic gasoline price has increased by 110 yuan per metric ton, and the diesel price has increased by 105 yuan per metric ton.

In terms of liters, both No. 92 gasoline, No. 95 gasoline, and No. 0 diesel have increased by approximately 0.09 yuan. According to the estimation of a general household car fuel tank with a capacity of 50 liters (about 13.2 gallons), filling up a tank of No. 92 gasoline will cost 4.5 yuan more.

According to the national mechanism of 'adjusting once every ten working days', the next price adjustment day is at 24:00 on July 25th (Thursday).

TapTechNews noticed that this is also the 7th price increase of domestic oil prices this year, and currently it is 'seven increases, four decreases, and three stalemates'.

No. 92 Gasoline Adjustment Range (yuan/liter) Adjusted Price (yuan/liter) January 3rd ↑ 0.16 7.70 January 17th ↓ 0.04 7.66 January 31st ↑ 0.16 7.82 February 19th - 7.82 March 4th ↑ 0.17 7.92 March 18th - 7.92 April 1st ↑ 0.28 8.12 April 16th ↑ 0.16 8.28 April 29th ↓ 0.05 8.23 May 15th ↓ 0.18 8.05 May 29th - 8.05 June 13th ↓ 0.15 7.90 June 27th ↑ 0.16 8.06 July 11th ↑ 0.09 8.15 No. 95 Gasoline Adjustment Range (yuan/liter) Adjusted Price (yuan/liter) January 3rd ↑ 0.17 8.20 January 17th ↓ 0.04 8.16 January 31st ↑ 0.17 8.33 February 19th - 8.33 March 4th ↑ 0.18 8.43 March 18th - 8.43 April 1st ↑ 0.28 8.63 April 16th ↑ 0.17 8.80 April 29th ↓ 0.05 8.74 May 15th ↓ 0.19 8.55 May 29th - 8.55 June 13th ↓ 0.16 8.39 June 27th ↑ 0.17 8.56 July 11th ↑ 0.09 8.65