China's New Round of Refined Oil Price Adjustment

TapTechNews June 13th news, according to the National Development and Reform Commission, a new round of refined oil price adjustment window will open at 24:00 today (June 13th). According to the monitoring of the Price Monitoring Center of the National Development and Reform Commission, during this round of refined oil price adjustment cycle (May 29th - June 12th), international oil prices have dropped. The specific situation of this oil price adjustment is as follows: The retail price limit of gasoline and diesel is reduced by 190 and 180 Yuan per ton respectively. (about 30 and 27 US dollars per ton respectively)

After the price adjustment is implemented, except for Hainan Province and some high-priced areas in the southwest, 92# gasoline in most areas in China will return to the "7-yuan era" again. Taking a domestic sedan with a fuel tank capacity of 50 liters as an example, filling up a tank of 92# gasoline will save 7.5 Yuan (about 1.1 US dollars).

TapTechNews noticed that this is also the fourth decrease in domestic oil price adjustment this year, and currently it is "five increases, four decreases and three stalemates".

Adjustment range of 92# gasoline (Yuan/liter) Adjusted value (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

Adjustment range of 95# gasoline (Yuan/liter) Adjusted value (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