Fuel Prices Set to Adjust This Evening: What Drivers Need to Know

Deep News
2 hours ago

Since domestic refined oil product prices were last adjusted on August 28th, the renewed escalation of tensions between the US and Iran has driven international crude oil prices to surge continuously.

In order to mitigate the impact of rising global oil prices on the domestic market, temporary control measures have been implemented on domestic refined oil product prices, while maintaining the existing pricing mechanism framework.

According to calculations based on the current pricing mechanism, on September 11th, domestic gasoline and diesel (standard product) prices should have been raised by 435 yuan and 420 yuan per tonne, respectively. However, after the implementation of the control measures, the actual increases are 260 yuan and 250 yuan per tonne, respectively.

Attached below are the maximum retail prices for gasoline and diesel in various provinces (autonomous regions, municipalities) and key cities.

To our fellow citizens, as we share this city, we all have a stake in its well-being. Every resident is a master of the city, and everyone benefits from a beautiful environment. Let us take proactive action to contribute to creating a civilized, hygienic, well-ordered, and aesthetically pleasing urban environment.

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.

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