Filling up a tank of oil costs about 15 yuan more, and the oil price will be raised again tonight
The rise in oil prices has once again started. The National Development and Reform Commission has notified that, based on recent changes in international market oil prices and in accordance with the current mechanism for pricing refined oil products, starting from 24:00 on September 20th, domestic gasoline and diesel prices will increase by 385 yuan and 370 yuan per ton, respectively.
Equivalent to per liter, 92 octane gasoline will increase by 0.30 yuan, 95 octane gasoline will increase by 0.32 yuan, and 0 octane diesel will increase by 0.31 yuan. This price adjustment will increase the cost of fuel for private car owners. Based on a regular private car with a fuel tank capacity of 50 liters, after this price adjustment, car owners will spend an additional 15 yuan to fill up a tank of fuel.
China has a relatively high proportion of oil exports. According to the current pricing mechanism for refined oil products, domestic refined oil prices are adjusted every 10 working days based on changes in international market crude oil prices.
During this pricing cycle, international oil prices have hit new highs. Affected by news such as Saudi Arabia's production reduction, the global benchmark Brent crude oil price once rose above $94 per barrel, approaching the $95 mark and the highest point in 10 months. According to analysis by Longzhong Information, the supply tightening atmosphere brought about by the reduction of production in relevant oil producing countries continues, and Russia's stance on reducing supply is quite firm, providing stable support for oil prices. Overall, during the pricing cycle, the average price of attached oil types has moved up, and the corresponding comprehensive change rate of crude oil is running in a positive range, opening the window for this round of retail price increase.
This round is the 19th price adjustment and 10th increase in 2023. After this price adjustment, the 2023 refined oil price adjustment will present a pattern of "ten increases, six decreases, and three shelving". The next price adjustment window will open at 24:00 on October 10th. Institutions predict that currently, the atmosphere of reduced production in relevant oil producing countries is significantly supported, and economic concerns have weakened. Positive factors still dominate, and it is expected that the probability of the next round of price adjustment for refined oil products will increase is relatively high.
Attachment: The highest retail prices for gasoline and diesel in various provinces, regions, cities, and central cities