Fuel Prices Set for Major Reduction in Late-Night Adjustment

Deep News
06/04

A new round of adjustments for domestic refined oil products is now in its final countdown, with the 11th pricing window of the year scheduled to open at midnight tonight, June 4th. The current pricing cycle has only one statistical day remaining, with the adjustment data essentially finalized, confirming that domestic fuel prices are set for their second substantial decrease this year.

Based on the latest data from the ninth working day of the cycle, domestic gasoline prices are projected to fall by 540 yuan per ton, while diesel prices are expected to drop by 520 yuan per ton.

When converted to retail prices, this translates to a reduction of 0.43 yuan per liter for 92-octane gasoline, a significant decrease of 0.46 yuan per liter for 95-octane gasoline, and a drop of 0.45 yuan per liter for 0-grade diesel.

For a typical family car with a 50-liter fuel tank, a full refill will now save approximately 22 yuan.

It is important to note that while industry forecasts widely anticipate a reduction in refined oil product retail price ceilings, the final adjustment result will be subject to the official announcement from the National Development and Reform Commission.

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