Shandong Province Announces Latest Fuel Price Adjustments: New Rates Effective from Tonight at Midnight

Deep News
08/14

Shandong Province has released its updated fuel pricing schedule, effective from 24:00 on August 14, 2026. The adjustments, based on the National Development and Reform Commission's latest directive, see a reduction of 230 yuan per tonne for gasoline and 220 yuan per tonne for diesel in both wholesale and retail maximum prices.

After the adjustment, the maximum wholesale and retail prices for all grades of gasoline and diesel, along with related details, are outlined in the accompanying table. Key points include that the prices for gasoline and diesel supplied by refining enterprises to national reserves (meeting the National VI standard) are set at 8,930 yuan per tonne and 7,895 yuan per tonne, respectively.

The listed prices apply to products that comply with the mandatory sixth-stage national standards, specifically VIB gasoline and VI diesel. For ethanol-blended gasoline, the maximum retail price is aligned with the maximum retail price of the same grade of regular gasoline. All prices in the table already include consumption tax, value-added tax, urban maintenance and construction tax, and education surcharges. Other relevant pricing policies will follow the provisions of the National Development and Reform Commission's "Oil Price Management Measures" and Shandong Province's current price regulations.

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