Get ready to pay a bit more at the pump. China’s National Development and Reform Commission has announced an adjustment to refined oil prices, with gasoline and diesel set to see an increase effective midnight on August 28th.
Fuel Prices on the Rise
Following fluctuations in international crude oil prices, the average price over the 10 working days preceding this adjustment has been higher than the previous period. Consequently, the prices for gasoline and diesel (standard products) will each increase by 375 yuan per ton and 360 yuan per ton, respectively.
This translates to a national average increase of 0.29 yuan per liter for 92-octane gasoline and 0.31 yuan per liter for 95-octane gasoline. For diesel, the increase is also 0.31 yuan per liter for 0-octane diesel.
For the average car owner with a 50-liter fuel tank, filling up with 92-octane gasoline will now cost approximately 14.5 yuan more. This price hike means that in many areas, 92-octane gasoline will once again cross the 8 yuan per liter threshold, entering the “8 yuan era”.
Year-to-Date Price Adjustments
This latest adjustment marks another shift in China’s domestic fuel prices this year. The year has seen a complex pattern of increases and decreases, reflecting the volatility in global oil markets.
Key Adjustments for 92-Octane Gasoline (2026):
- January 6th: Decrease (Price after adjustment: 6.78 yuan/liter)
- January 20th: Increase of 0.07 yuan/liter (Price after adjustment: 6.85 yuan/liter)
- February 3rd: Increase of 0.16 yuan/liter (Price after adjustment: 7.01 yuan/liter)
- February 24th: Increase of 0.14 yuan/liter (Price after adjustment: 7.15 yuan/liter)
- March 9th: Increase of 0.55 yuan/liter (Price after adjustment: 7.70 yuan/liter)
- March 23rd: Increase of 0.91 yuan/liter (Price after adjustment: 8.61 yuan/liter)
- April 7th: Increase of 0.33 yuan/liter (Price after adjustment: 8.94 yuan/liter)
- April 21st: Decrease of 0.44 yuan/liter (Price after adjustment: 8.50 yuan/liter)
- May 8th: Increase of 0.25 yuan/liter (Price after adjustment: 8.75 yuan/liter)
- May 21st: Increase of 0.06 yuan/liter (Price after adjustment: 8.81 yuan/liter)
- June 4th: Decrease of 0.41 yuan/liter (Price after adjustment: 8.40 yuan/liter)
- June 18th: Decrease of 0.40 yuan/liter (Price after adjustment: 8.00 yuan/liter)
- July 3rd: Decrease of 0.75 yuan/liter (Price after adjustment: 7.25 yuan/liter)
- July 17th: Increase of 0.24 yuan/liter (Price after adjustment: 7.49 yuan/liter)
- July 31st: Increase of 0.54 yuan/liter (Price after adjustment: 8.03 yuan/liter)
- August 14th: Decrease of 0.18 yuan/liter (Price after adjustment: 7.85 yuan/liter)
- August 28th: Increase of 0.29 yuan/liter (Price after adjustment: 8.14 yuan/liter)
Key Adjustments for 95-Octane Gasoline (2026):
- January 6th: (Price after adjustment: 7.21 yuan/liter)
- January 20th: Increase of 0.07 yuan/liter (Price after adjustment: 7.28 yuan/liter)
- February 3rd: Increase of 0.17 yuan/liter (Price after adjustment: 7.45 yuan/liter)
- February 24th: Increase of 0.15 yuan/liter (Price after adjustment: 7.60 yuan/liter)
- March 9th: Increase of 0.58 yuan/liter (Price after adjustment: 8.18 yuan/liter)
- March 23rd: Increase of 0.96 yuan/liter (Price after adjustment: 9.14 yuan/liter)
- April 7th: Increase of 0.35 yuan/liter (Price after adjustment: 9.49 yuan/liter)
- April 21st: Decrease of 0.46 yuan/liter (Price after adjustment: 9.03 yuan/liter)
- May 8th: Increase of 0.27 yuan/liter (Price after adjustment: 9.30 yuan/liter)
- May 21st: Increase of 0.06 yuan/liter (Price after adjustment: 9.36 yuan/liter)
- June 4th: Decrease of 0.44 yuan/liter (Price after adjustment: 8.92 yuan/liter)
- June 18th: Decrease of 0.43 yuan/liter (Price after adjustment: 8.49 yuan/liter)
- July 3rd: Decrease of 0.79 yuan/liter (Price after adjustment: 7.70 yuan/liter)
- July 17th: Increase of 0.25 yuan/liter (Price after adjustment: 7.95 yuan/liter)
- July 31st: Increase of 0.57 yuan/liter (Price after adjustment: 8.52 yuan/liter)
- August 14th: Decrease of 0.19 yuan/liter (Price after adjustment: 8.33 yuan/liter)
- August 28th: Increase of 0.31 yuan/liter (Price after adjustment: 8.64 yuan/liter)
Motorists are advised to stay informed about these price changes and plan their refueling accordingly.
