The average gasoline price in China amounted to 8,605 yuan per metric ton as of March 6, 2025. During 2024, gasoline prices in China ranged between around 9,505 yuan per metric ton in April and 8,415 yuan per metric ton in September.
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China Retail Price: Gasoline, Number 92: For Vehicle data was reported at 7.500 RMB/l in Dec 2024. This records a decrease from the previous number of 7.530 RMB/l for Nov 2024. China Retail Price: Gasoline, Number 92: For Vehicle data is updated monthly, averaging 7.540 RMB/l from Jul 2019 (Median) to Dec 2024, with 66 observations. The data reached an all-time high of 9.050 RMB/l in Jun 2022 and a record low of 5.480 RMB/l in Apr 2020. China Retail Price: Gasoline, Number 92: For Vehicle data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: For Vehicle: Retail: Province.
The average retail price of gasoline (RON 95) in China's capital Beijing amounted to 8.01 yuan per liter as of March 10, 2025. Petrol prices do not vary significantly between different regions in China.
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China Retail Price: Gasoline, Number 98: For Vehicle data was reported at 9.110 RMB/l in Dec 2024. This stayed constant from the previous number of 9.110 RMB/l for Nov 2024. China Retail Price: Gasoline, Number 98: For Vehicle data is updated monthly, averaging 9.085 RMB/l from Jul 2019 (Median) to Dec 2024, with 66 observations. The data reached an all-time high of 10.450 RMB/l in Jun 2022 and a record low of 6.500 RMB/l in Jun 2020. China Retail Price: Gasoline, Number 98: For Vehicle data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: For Vehicle: Retail: Province.
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China Transaction Price: Gasoline, Number 93: Without Lead: Urumqi data was reported at 8,378.730 RMB/Ton in Jun 2019. This records a decrease from the previous number of 9,057.670 RMB/Ton for May 2019. China Transaction Price: Gasoline, Number 93: Without Lead: Urumqi data is updated monthly, averaging 7,905.000 RMB/Ton from Jan 2003 (Median) to Jun 2019, with 174 observations. The data reached an all-time high of 10,267.560 RMB/Ton in May 2012 and a record low of 3,624.000 RMB/Ton in Jun 2003. China Transaction Price: Gasoline, Number 93: Without Lead: Urumqi data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: 36 City.
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Retail Price: Gasoline, Number 98: For Vehicle: Zhejiang data was reported at 8.930 RMB/l in Dec 2024. This records a decrease from the previous number of 8.970 RMB/l for Nov 2024. Retail Price: Gasoline, Number 98: For Vehicle: Zhejiang data is updated monthly, averaging 8.910 RMB/l from Jul 2019 (Median) to Dec 2024, with 66 observations. The data reached an all-time high of 10.450 RMB/l in Jun 2022 and a record low of 6.370 RMB/l in Nov 2020. Retail Price: Gasoline, Number 98: For Vehicle: Zhejiang data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: For Vehicle: Retail: Province.
In February 2025, consumer prices for fuels used in vehicles in China decreased by 1.2 percent compared to the same month of the previous year. On an annual average basis, fuel prices declined by 0.7 percent in 2024 compared to the previous year.
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Los precios de la gasolina en China disminuyeron a 0.91 USD/litro en febrero desde 0.93 USD/litro en enero de 2025. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - China - Precios de la gasolina.
The average diesel oil price in China amounted to 7,585 yuan per metric ton as of March 6, 2025. During 2024, diesel fuel prices in China ranged between around 7,400 yuan per metric ton in September and 8,450 yuan per metric ton in April.
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Retail Price: Gasoline, Number 95: For Vehicle: Beijing data was reported at 7.920 RMB/l in Dec 2024. This records a decrease from the previous number of 7.960 RMB/l for Nov 2024. Retail Price: Gasoline, Number 95: For Vehicle: Beijing data is updated monthly, averaging 7.970 RMB/l from Jul 2019 (Median) to Dec 2024, with 66 observations. The data reached an all-time high of 9.590 RMB/l in Jun 2022 and a record low of 5.760 RMB/l in Jun 2020. Retail Price: Gasoline, Number 95: For Vehicle: Beijing data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: For Vehicle: Retail: Province.
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The fuel oil prices in the USA reached 1047 USD/MT in December 2023. In December 2023, the priced of fuel oil in China settled at 758 USD/MT. In Germany, the fuel oil price reached 1237 USD/MT by the end of December 2023.
Product
| Category | Region | Price |
---|---|---|---|
Fuel Oil | Others | USA | 1047 USD/MT |
Fuel Oil | Others | China | 758 USD/MT |
Fuel Oil | Others | Germany | 1237 USD/MT |
The 2025 annual OPEC oil price stood at 78.1 U.S. dollars per barrel, as of February. This would be lower than the 2024 average, which amounted to 79.86 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2024 fall in prices was the result of weakened demand outlooks, primarily from China.
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China Transaction Price: Gasoline, Number 93: Without Lead: Tianjin data was reported at 8,568.750 RMB/Ton in Jun 2019. This records a decrease from the previous number of 9,317.000 RMB/Ton for May 2019. China Transaction Price: Gasoline, Number 93: Without Lead: Tianjin data is updated monthly, averaging 7,978.500 RMB/Ton from Jan 2003 (Median) to Jun 2019, with 196 observations. The data reached an all-time high of 10,531.000 RMB/Ton in May 2012 and a record low of 3,926.000 RMB/Ton in Jun 2003. China Transaction Price: Gasoline, Number 93: Without Lead: Tianjin data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: 36 City.
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China Transaction Price: Gasoline, Number 97: Without Lead: Xining data was reported at 9,005.000 RMB/Ton in Jun 2019. This records a decrease from the previous number of 9,806.000 RMB/Ton for May 2019. China Transaction Price: Gasoline, Number 97: Without Lead: Xining data is updated monthly, averaging 9,050.000 RMB/Ton from Sep 2003 (Median) to Jun 2019, with 127 observations. The data reached an all-time high of 11,088.000 RMB/Ton in May 2012 and a record low of 3,753.000 RMB/Ton in Nov 2003. China Transaction Price: Gasoline, Number 97: Without Lead: Xining data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: 36 City.
In 2021, Air China Group's jet fuel costs increased by about 40 percent to nearly 21 billion yuan. This was mainly due to the impact of the rising jet fuel prices during the year.
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China Transaction Price: Gasoline, Number 93: Without Lead: Lhasa data was reported at 10,639.950 RMB/Ton in May 2019. This records an increase from the previous number of 10,519.800 RMB/Ton for Apr 2019. China Transaction Price: Gasoline, Number 93: Without Lead: Lhasa data is updated monthly, averaging 9,644.425 RMB/Ton from Feb 2003 (Median) to May 2019, with 168 observations. The data reached an all-time high of 11,858.260 RMB/Ton in May 2012 and a record low of 5,005.500 RMB/Ton in Apr 2006. China Transaction Price: Gasoline, Number 93: Without Lead: Lhasa data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: 36 City.
In 2023, diesel prices in Poland decreased compared to the previous year, amounting to 1.65 euros per liter.
Causes of fuel price fluctuations in Poland in 2018
The increase in fuel prices in Poland was mainly influenced by changes in the international oil and fuel markets and by changes in the exchange rate of the Polish currency to the U.S. dollar. The strengthening of the zloty's exchange rate to the dollar slowed down the scale of price rises for Polish fuel consumers. In 2018, the international situation did not ensure stable prices on the market. Waiting for the introduction of oil sanctions against Iran, a possible trade war between the U.S. and China, or information about a potential further reduction in oil production by OPEC+ countries resulted in rising oil prices in global markets. As soon as it became clear that neither sanctions on Iran nor restrictions on oil production affected the supply of crude oil on the world market as expected, prices on the markets started to fall. Nevertheless, drivers and transport companies have not benefited from the rising average annual prices, although state VAT revenues have increased significantly. Higher sales of liquid fuels, rising prices, and an increase in the number of cars on Polish roads have also resulted in additional income for Polish oil companies.
Biofuel market in Poland
Transport is the sector that accounts for one of the most significant shares of total carbon dioxide emissions from fuel combustion. Complete replacement of oil in transport is possible but costly. The data show that the consumption of biodiesel in transport is higher every year, and, like energy, transportation has a mandatory target for Renewable Energy Systems in 2020. The dominant renewable energy source in transport is biodiesel, followed by bioethanol and renewable electricity in rail transport. The average EU share of RES in transport is over seven percent, while in Poland, it is steadily growing, reaching nearly six percent in 2018.
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China Transaction Price: Gasoline, Number 93: Without Lead: Hohhot data was reported at 8,325.000 RMB/Ton in Jun 2019. This records a decrease from the previous number of 9,319.670 RMB/Ton for May 2019. China Transaction Price: Gasoline, Number 93: Without Lead: Hohhot data is updated monthly, averaging 8,026.000 RMB/Ton from Jan 2003 (Median) to Jun 2019, with 197 observations. The data reached an all-time high of 10,520.000 RMB/Ton in May 2012 and a record low of 4,042.530 RMB/Ton in Nov 2003. China Transaction Price: Gasoline, Number 93: Without Lead: Hohhot data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: 36 City.
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The Hong Kong metal liquid fuel appliances market rose notably to $678K in 2023, picking up by 6.8% against the previous year. Overall, consumption recorded a abrupt decline. Metal liquid fuel appliances consumption peaked at $2.9M in 2015; however, from 2016 to 2023, consumption remained at a lower figure.
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China Transaction Price: Gasoline, Number 93: Without Lead: Shanghai data was reported at 7,751.000 RMB/Ton in Jun 2019. This records a decrease from the previous number of 9,203.330 RMB/Ton for May 2019. China Transaction Price: Gasoline, Number 93: Without Lead: Shanghai data is updated monthly, averaging 7,955.000 RMB/Ton from Feb 2003 (Median) to Jun 2019, with 193 observations. The data reached an all-time high of 10,881.330 RMB/Ton in Apr 2012 and a record low of 4,004.310 RMB/Ton in Jun 2003. China Transaction Price: Gasoline, Number 93: Without Lead: Shanghai data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gasoline Price: 36 City.
The average gasoline price in China amounted to 8,605 yuan per metric ton as of March 6, 2025. During 2024, gasoline prices in China ranged between around 9,505 yuan per metric ton in April and 8,415 yuan per metric ton in September.