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China Raises Fuel Prices 320 Yuan Per Ton Starting May 8 24:00, 92# Gasoline Up 0.25 Yuan Per Liter

GateNews
Commodities

According to China’s National Development and Reform Commission (NDRC), domestic fuel prices will rise effective 24:00 on May 8. The NDRC Price Monitoring Center noted that during the current pricing cycle (April 21 24:00 to May 8 24:00), international oil prices rose initially then declined. Starting May 8 24:00, domestic gasoline and diesel prices will increase by 320 yuan and 310 yuan per ton respectively. On a national average basis, 92# gasoline, 95# gasoline, and 0# diesel will rise by 0.25 yuan, 0.27 yuan, and 0.27 yuan per liter respectively. Filling a 50-liter tank with 92# gasoline will cost an additional 12.5 yuan.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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