11:59 Mar 23 2026

China will adjust refined oil prices at midnight today, which is expected to be the largest increase of the year. Private car owners will spend around CNY106 (USD15) more to fill up a 70-liter tank, per data from industrial data platform OilChem. Sinopec yesterday sent reminders to members, warning of a relatively high price increase and suggesting refueling during off-peak hours in advance.

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