China to Raise Domestic Fuel Prices Starting This Evening

Deep News
Jul 17

According to information from the National Development and Reform Commission, the window for adjusting domestic refined oil product prices will open at 24:00 today. Monitoring by the NDRC's Price Monitoring Center indicates that during the latest pricing cycle (from 24:00 July 3 to 24:00 July 17), international oil prices experienced volatile gains. Effective from 24:00 on July 17, the retail price ceilings for domestic gasoline and diesel will increase by 300 yuan and 290 yuan per ton, respectively. On a national average basis, the prices per liter for 92-octane gasoline, 95-octane gasoline, and 0-grade diesel will rise by 0.24 yuan, 0.25 yuan, and 0.25 yuan, respectively.

Following the confirmation of this retail price ceiling increase, filling a standard 50-liter tank with 92-octane gasoline will cost approximately 12 yuan more for a private vehicle owner.

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