Oil prices set for significant adjustment as deadline approaches

Deep News
08/07

Domestic gas stations will adjust fuel prices at 24:00 on August 14 (next Friday evening).

The current crude oil change rate has reached -9.57%, with an expected price reduction of 395 yuan per ton. Based on the current projected decline, gasoline and diesel prices are expected to drop by 0.30 to 0.36 yuan per liter.

However, it is important to note that there are still five statistical days left in the pricing cycle, and uncertainties remain. If international crude oil prices rebound sharply in the coming days, the current decline could narrow. The final outcome and the specific reduction amount will be determined by the official announcement from the National Development and Reform Commission (NDRC).

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