Situation Shifts! Oil Prices Poised for Increase Today

Deep News
08/28

A fresh alert indicates that at 24:00 today (August 28), domestic refined oil product prices will undergo a new round of adjustments, with expectations of a significant surge that could raise the cost of filling a tank by more than 14 yuan.

Driven by the sustained rise in international crude oil, the expectation for an upward adjustment has been steadily climbing, and it has now entered the substantial increase range. If this trend continues, after this round of price adjustments, 92-octane and 95-octane gasoline will see their 11th increase this year.

According to institutional forecasts, domestic gasoline and diesel prices are expected to rise by 360 yuan per ton, which translates to an increase of 0.28 to 0.30 yuan per liter. Filling a 50-liter tank is projected to cost an additional 14 to 15 yuan.

Following the price drop on August 14, the 2026 oil price adjustments have completed 16 rounds, which included 1 instance of an adjustment being shelved, 10 increases, and 5 decreases. However, when calculated overall for the year, gasoline prices have cumulatively risen by 1,345 yuan per ton and diesel by 1,295 yuan per ton, marking a substantial surge of over 1.03 yuan per liter for both fuel types.

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