Average Price Change Rate of Crude Oil Basket on November 11 at 0.07%

Deep News
11/12

Data released by the Xinhua Petroleum Price System on November 12 shows that the average price change rate of the crude oil basket on November 11 was 0.07%. According to the "Petroleum Price Management Measures," domestic gasoline and diesel prices are adjusted every 10 working days based on changes in international crude oil prices, with the adjustment taking effect at 24:00 on the day of the announcement. If the price adjustment is less than 50 yuan per ton, no adjustment will be made, and the difference will be carried over to the next adjustment. Under special circumstances as stipulated, price adjustments may be suspended, delayed, or reduced in scope. November 12 marks the second working day of the current pricing cycle, with the next adjustment window set for 24:00 on November 24.

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