Average Price Change Rate of Crude Oil Basket on November 18 Was -0.94%

Deep News

Nov 19

Data released by the Xinhua Oil Price System on November 19 showed that the average price change rate of the crude oil basket on November 18 was -0.94%.

According to the "Oil Price Management Measures," domestic gasoline and diesel prices are adjusted every 10 working days based on changes in international crude oil prices, with the new prices taking effect at 24:00 on the adjustment release day. If the price adjustment is less than 50 yuan per ton, no adjustment will be made, and the difference will be carried over or offset in the next adjustment. Under special circumstances specified in the measures, price adjustments may be suspended, delayed, or reduced in scope.

November 19 marks the seventh working day of the current pricing cycle, with the next price adjustment window opening at 24:00 on November 24.

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