The biggest single drop in oil prices so far this year.

date
03/07/2026
Oil prices have experienced "three consecutive declines". According to the National Development and Reform Commission, starting from 24:00 on July 3rd, the domestic prices of gasoline and diesel have been reduced by 950 yuan and 915 yuan per ton respectively. This adjustment marks the largest single decrease this year. According to calculations by institutions, after the adjustment, the equivalent of 92 octane gasoline will be reduced by 0.73 yuan per liter, 95 octane gasoline will be reduced by 0.77 yuan per liter, and 0# diesel will be reduced by 0.78 yuan per liter. For a typical private car with a fuel tank capacity of 50 liters, filling up with 92 octane gasoline will save the owner around 36.5 yuan.