The wholesale price of gasoline and diesel, which has been firm for more than three months in Xiamen market, has finally become loose recently. The Herald reporter learned on the 26th that the wholesale prices of 0# diesel and 93# gasoline were reduced by RMB 100/ton and RMB 200/ton respectively. 97 # Gasoline remains unchanged, however, the terminal retail price has not yet been loosened.

On November 26, the wholesale price of Xiamen No. 0 diesel was 8,400 yuan/ton, which was lowered by 100 yuan/ton from the previous period. The wholesale price of 93# gasoline was 9,400 yuan/ton, down by 200 yuan/ton from the previous period, and 97# gasoline remained unchanged. The wholesale price is still RMB 10050/ton. However, the retail price of gas stations in Xiamen remains unchanged, with 93# gasoline at 7.37 yuan per liter, 97# gasoline at 7.79 yuan per liter, and 0# diesel at 7.23 yuan per liter.

"Now that the reserve of the oil depot is basically used up, wait for the price to drop." The operator of a gas station on Lianqian Avenue told the reporter.

According to industry insiders' analysis, although after nearly two months of turbulence, the average price of crude oil in the three places has basically stabilized at around US$ 95 per barrel. The industry originally forecasted that the domestic refined oil price adjustment window opened in mid-July would also gradually close. However, after all, compared to the last time (April 6th) when the price of domestic refined oil was adjusted at US$112.5 per barrel, today’s international crude oil prices have fallen a lot, plus the impact of multiple factors such as the significant reduction in import tariffs on refined oil products starting this month. It is estimated that the wholesale price of refined oil in the market may continue to loosen, and will gradually affect the retail market.