Oil prices are expected to rise by 0.5 yuan next week.

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[Reporter Lin Jinghua/Report from Taipei] International oil prices are going up, and domestic oil prices will rise by 0.5 yuan next week. Drivers must act fast!

The 95 gasoline with the largest amount of fuel is expected to return to above the 30 yuan mark and return to 30.4 yuan.

International oil prices rose due to the suspension of crude oil shipments to Turkey from oil fields in northern Iraq and Russia's announcement that it would deploy nuclear weapons in Belarus.

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The weekly average price of CNPC’s 7D3B price adjustment index accumulated until March 30 was US$77.14, an increase of US$3.18 from last week’s 73.96;

According to the operation principle of CNPC's floating oil price adjustment mechanism, and without considering the lowest price and stabilization measures of Asian neighboring competitors, it is estimated that the retail price of gasoline will increase by 0.6 yuan next week, and that of diesel will increase by 0.7 yuan.

However, after the estimated increase next week, the absorption threshold of CNPC was hit. The gasoline forecast was actually raised by 0.5 yuan and diesel by 0.6 yuan.

92 unleaded gasoline is 28.9 yuan per liter, 95 unleaded gasoline is 30.4 yuan per liter, 98 unleaded gasoline is 32.4 yuan per liter, and super diesel is 27.7 yuan per liter.

The actual adjustment amount will be officially announced on the Taiwan CNPC Global Information Network and the website of the Ministry of Economic Affairs at 12:00 noon on Sunday.

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