STOCKS | Zhuochuang Information: Retail Fuel Prices Set to Rise Tonight

Zhuochuang Information said gasoline and diesel retail price caps will be raised at 24:00 on July 17, with prices increasing by 300 yuan per ton for gasoline and 290 yuan per ton for diesel. According to Jin10, 92-octane gasoline, 95-octane gasoline, and No. 0 diesel will each rise by 0.24 yuan, 0.25 yuan, and 0.25 yuan per liter, respectively. After the policy takes effect, consumers' fuel costs will increase, and filling a 50-liter tank in a small private car will cost 12 yuan more than before. Zhuochuang Information said short-term international oil prices will continue to fluctuate around the progress of U.S.-Iran talks, and next week will likely show a firmer trend with high volatility. Based on current crude oil prices, it calculated that the re-estimated crude oil change rate may turn positive, corresponding to a price hike of about 300 yuan per ton. The next adjustment window is at 24:00 on July 31.