Since 0:00 on February 25, domestic oil prices have been raised for the third time this year. Gasoline and diesel oil prices have been raised by 175 RMB and 170 RMB per ton respectively, which is equivalent to 0.14 RMB/liter for No. 92 gasoline and 0.15 RMB/liter for No. 95 gasoline. No. 92 gasoline has officially entered the "era of 7 RMB", and No. 92 gasoline in Hainan, Xizang and other regions has broken through 8 RMB/liter.

The article points out that the domestic gasoline price has increased by 175 RMB per ton, equivalent to a 0.14 RMB/liter increase in 92 octane gasoline. The national 92 octane gasoline has entered the '7 RMB era', and some regions have exceeded 8 RMB/liter. This directly pushes up the spot price of gasoline, which is a major positive factor. Due to the significant price increase and nationwide coverage, it will enhance the market's bullish expectations and stimulate the purchasing enthusiasm of the demand side.

The article mentions a significant increase of 170 RMB per ton in diesel prices. This directly benefits the diesel spot market and is a major positive factor. Due to the large price adjustment and nationwide coverage, it will increase production costs but promote bullish sentiment in the market. It is expected that spot prices will remain strong in the short term, supporting the stocking needs of traders and end users.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.