Oil Price Hike Expected Tomorrow: Fuel Costs Set to Rise

Deep News
5 hours ago

In the early hours of September 10 Beijing time, all three major US stock indices closed lower, while international oil prices surged overnight. US crude settled at $96.05 per barrel, marking a 3.25% increase, and Brent crude settled at $101.21 per barrel, up 3.36%. Both Brent and US crude futures settlement prices hit their highest levels since May 22.

Domestic oil prices are scheduled for adjustment at midnight tomorrow (24:00 on September 11). Current calculations show gasoline and diesel prices are expected to rise by 160 yuan per tonne and 155 yuan per tonne, respectively. Converted to terminal gas stations, 92-octane gasoline is projected to increase by 0.13 yuan per litre, 95-octane gasoline by 0.14 yuan per litre, and 0-diesel by 0.13 yuan per litre.

Based on a typical household car with a 50-litre fuel tank, filling up after the adjustment will cost an additional 6.5 to 7 yuan. This year's oil price adjustment calendar is shown below. With oil prices highly likely to rise, drivers who need fuel should act quickly.

The final adjustment amount for this round of oil prices will be subject to the official announcement by the National Development and Reform Commission. Please share this information with others.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10