Five consecutive increases in oil prices are coming! Starting from March 23rd, it will cost an additional 80 yuan to fill a full tank of fuel

HongKong.info
Finance
21 Mar 2026 01:49:49 PM
The domestic refined oil price adjustment window is about to reopen, and this round of adjustment will not only achieve the fifth consecutive increase within the year, but also a staggering significant upward adjustment.

1、 Price increase basically confirmed: gasoline and diesel may increase by 2000 yuan/ton

According to the latest monitoring data, as of the ninth working day of the current pricing cycle on March 20th, the average price of domestic reference crude oil varieties is 96.89 US dollars per barrel, with a crude oil change rate of 29.31%. According to the current mechanism for forming refined oil prices, the corresponding increase in domestic retail prices of gasoline and diesel is about 2000 yuan/ton. This increase has been at a high level in recent price adjustments, directly setting the tone for the significant rise in oil prices in this round.

2、 Car owners face increased pressure: filling a full tank of fuel costs about 80 yuan more

Converted to daily refueling scenarios, the impact of this round of price increases on private car owners is very intuitive. According to conventional calculations, after this price adjustment is implemented, there will be a significant increase in the price of gasoline per liter. Based on a 50 liter fuel tank for a regular family car, filling up a tank of 92 octane gasoline would cost approximately 80 yuan more. For families who commute daily and frequently use cars, monthly fuel expenses will further increase, and the cost of using cars will continue to rise.

Five consecutive increases in oil prices are coming! Starting from March 23rd, it will cost an additional 80 yuan to fill a full tank of fuel

3、 Five consecutive price increases have formed: the oil price has shown a clear upward trend throughout the year

If this upward adjustment is implemented as scheduled, domestic refined oil products will officially achieve a "five consecutive increases", and oil prices have been rising since the beginning of the year without any downward adjustments or suspensions. The cumulative effect of multiple consecutive times has led to a significant increase in current oil prices. This round is also a concentrated surge, causing the overall oil price level to quickly rise. Whether it is private cars, ride hailing services, or logistics and transportation industries, they will all face cost pressure.

4、 The rise in international oil prices is the main driving force behind this round of surge

The significant increase in domestic refined oil prices this time is driven by the sustained strength of the international crude oil market. Recently, international crude oil prices have been fluctuating upwards due to multiple factors, resulting in a significantly higher average crude oil price during this pricing cycle compared to the previous cycle. Against the backdrop of the pricing mechanism for refined oil products being linked to international oil prices, the rise in the international market directly transmitted to the domestic retail end, ultimately resulting in this significant price adjustment.

5、 Multiple industries are under pressure, and the rise in oil prices has a chain effect

The rise in oil prices not only increases the cost of car ownership, but also gradually spreads to more industries. Oil consuming industries such as transportation, logistics and express delivery, and passenger transportation will directly increase their operating costs; Livelihood goods and daily consumer goods that partially rely on transportation may also experience price fluctuations due to increased logistics costs. It can be said that a significant increase in refined oil prices will bring certain upward pressure on the overall operating costs of society.

Keywords:
Oil price petroleum
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