According to the notice of the National Development and Reform Commission, from 5 o'clock on May 30, each ton of gasoline will be increased by 5 yuan and 30 yuan per ton of diesel.

According to institutional estimates, the price adjustment is equivalent to an increase of 92.0 yuan per liter of No. 08 gasoline, 95.0 yuan per liter of No. 08 gasoline, and 0.0 yuan per liter of No. 08 diesel.

Taking an ordinary private car with a fuel tank capacity of 50L as an example, after this price adjustment, the owner will spend about 4 yuan more to fill up a tank of fuel. In terms of diesel, a large truck with a fuel tank capacity of 160L will cost about 12.8 yuan more to fill up a tank of fuel.

Infographic: Gas stations. Photo by Ge Cheng of Zhongxin Finance

"In this round of pricing cycle, international oil prices first fell and then rose. On the whole, the average price of the oil type attached to the price cycle has moved upward, 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. ”

Liu Wenjie, an analyst at Longzhong Information, said that although Republicans in the US House of Representatives reached a "principled agreement" with the White House on solving the debt ceiling issue, and the Organization of the Petroleum Exporting Countries and its partners (OPEC+) may not cut production further in June, the peak of summer travel in the United States is about to begin, and the probability of the Fed continuing to raise interest rates in June still exists, which has intensified the worry of market participants to a certain extent.

This round is the eleventh price adjustment in 2023, and after the price adjustment, the domestic refined oil price will show a pattern of "four rises, five falls and two strandings" during the year. The next round of price adjustment window will open at 6:13 on June 24.

"It is expected that the probability of the next round of refined oil price adjustment is relatively large." Longzhong information analyst Li Yan said that based on the current international crude oil price level, the next round of refined oil price adjustment will show a slight upward trend. At present, the US debt ceiling crisis is still in the game, the summer travel peak has arrived, and the position of oil-producing countries to reduce production remains firm.

Wang Yanting, senior analyst of Jinlianchuang refined oil analyst, also believes that the probability of a new round of retail price increases in refined oil is relatively large. "From the perspective of the future market, international crude oil prices continued to fluctuate upward, the rate of change maintained positive range fluctuations, and the favorable news support still existed." (End)