Go fill up today! Tomorrow evening welcomes the biggest price increase! #92 and #95 gasoline may enter the 9 yuan and 10 yuan era

March 21, 2026, Latest Oil Price News: International oil prices are rising. U.S. crude oil prices increased by 2.66% to $98.09 per barrel, Brent crude oil prices rose by 4.37% to $112.49 per barrel. In a new 10-business-day statistical cycle, after 9 days, oil prices are expected to rise by 2,000 yuan per ton, which translates to an increase of 1.52-1.81 yuan per liter.

Today’s oil price news: On March 22, the 9th business day of the new oil price cycle, it is forecasted that gasoline and diesel prices will increase by 2,030 yuan per ton (the increase next Monday may further rise), equivalent to 1.62-1.77 yuan per liter.

▲Forecasts are for reference only; please refer to the final announcements from the National Development and Reform Commission and local gas stations.

At 24:00 on March 23, the domestic refined oil prices will undergo the sixth adjustment of the year. According to Zhuochuang Information, the increase on March 23 is estimated to be around 2,000 yuan per ton, marking the fifth increase this year and the largest increase so far. Gasoline 92, gasoline 95, and diesel No. 0 will each increase by 1.73 yuan, 1.83 yuan, and 1.87 yuan per liter, respectively.

With the implementation of the price adjustment, the price of 92-octane gasoline nationwide will fully enter the “9-yuan era,” and 95-octane gasoline may enter the “10-yuan era.” Based on a typical 50-liter tank, filling up with 92-octane gasoline will cost about 86.5 yuan more, and filling with 95-octane gasoline will cost about 91.5 yuan more.

Previously, domestic refined oil prices have undergone five adjustments. Except for the first one which was suspended, the subsequent four adjustments were all increases. After this new round of price adjustments, domestic oil prices will see five consecutive increases, continuously raising fuel costs.

Liu Ting, a refined oil analyst at Longzhong Information, stated that there is no longer any doubt about this round of price increases. From the supply side, the conflict between the U.S., Iran, and Israel shows no signs of easing. The Strait of Hormuz remains blocked, with only a few ships able to pass through. Oil-producing countries like Saudi Arabia have been forced to cut production, increasing supply risks and supporting oil prices.

“Global demand remains weak, and some institutions worry that escalating geopolitical conflicts could drag down the economy and oil consumption. The Federal Reserve is also unlikely to cut interest rates in the short term, and some even support rate hikes,” Liu Ting said.

After this round of price adjustments, household travel and logistics costs will see significant increases. Data from Zhuochuang Information shows that, assuming a private car travels 2,000 km per month with an average fuel consumption of 8 liters per 100 km, fuel costs per vehicle will increase by about 138 yuan before the next price adjustment window (24:00 on April 7, 2026). In the logistics industry, for heavy trucks traveling 10,000 km per month with an average fuel consumption of 38 liters per 100 km, fuel costs per vehicle will increase by about 3,553 yuan.