2023-11-05 06:05:30
China National Petroleum Corporation announced that there will be no adjustment to gasoline prices starting from 0:00 a.m. on November 6, and diesel prices will be reduced by 0.1 yuan per liter. (File photo)
[Financial Channel/Comprehensive Report]China National Petroleum Corporation continues to launch a dual mechanism for stabilizing oil prices. Starting from 0:00 a.m. on November 6, the price of gasoline will not be adjusted, but the price of diesel will be reduced by 0.1 yuan per liter.
The adjusted retail prices are 29.7 yuan per liter of 92 unleaded gasoline, 31.2 yuan per liter of 95 unleaded gasoline, 33.2 yuan per liter of 98 unleaded gasoline, and 27.2 yuan per liter of super diesel.
PetroChina said international oil prices fell this week. The weekly average price of 7D3B, the price adjustment indicator of the floating oil price adjustment principle, fell by US$2.14, the New Taiwan dollar depreciated by 0.026 yuan once morest the US dollar, and the domestic oil price fell by 1.83% according to the formula. According to the adjustment principle of the floating oil price mechanism, the prices of gasoline and diesel should be adjusted up by 3.2 yuan and 4.6 yuan respectively compared with this week’s reference retail price.
However, in order to keep prices lower than neighboring Asian countries (Japan, South Korea, Hong Kong, and Singapore), gasoline and diesel absorbed 2.8 yuan and 4.3 yuan respectively. After absorption, 95 unleaded gasoline exceeded 30 yuan, further launching oil price stabilization measures. The first phase The 25% absorption is rounded off, and each liter of gasoline and diesel will absorb another 0.4 yuan.
PetroChina pointed out that the dual stabilization mechanism was activated, with gasoline and diesel absorbing a total of 3.2 yuan and 4.7 yuan respectively. Domestic gasoline prices will not be adjusted, and diesel will actually be reduced by 0.1 yuan per liter.
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