PetroChina absorbs more than 11 yuan per liter, oil prices will still freeze and rise next week

China National Petroleum Corporation announced that oil prices will freeze and rise next week. (Photo by reporter Lin Jinghua)

[Reporter Lin Jinghua/Taipei Report] International oil prices continue to rise sharply, China National Petroleum Corporation continues to activate the stabilization mechanism, and domestic oil prices maintain a frozen rise. China Petroleum's war has so far absorbed more than 30 billion yuan.

Taiwan's PetroChina announced on the 24th that starting from 0:00 a.m. on the 26th, gasoline and diesel prices will remain unchanged at 31.2 yuan per liter of 92 unleaded gasoline, 32.7 yuan per liter of 95 unleaded gasoline, 34.7 yuan per liter of 98 unleaded gasoline, and 29.9 yuan per liter of super diesel.

PetroChina stated that Saudi Arabia's energy facilities were attacked again, U.S. commercial crude oil inventories fell for three consecutive weeks, and international oil prices rose. However, in order to take care of domestic people's livelihood and stabilize prices, after an overall assessment, the government expanded the reduction of goods tax, and in order to maintain the lowest price in Asia and continue to implement the stabilization mechanism of the US-Iraq war project, China National Petroleum Corporation absorbed a total of 11.2 yuan and 11.4 yuan for gasoline and diesel, and domestic gasoline and diesel prices remained unchanged.

According to CNPC statistics, various measures to stabilize the project were implemented from February 28 to October 25, and the total absorption of gasoline and diesel increased by approximately 30.37 billion yuan.