Oil prices are set to drop for the fifth time this year

On August 13, reporters learned from a number of commodity market agencies that at 24:00 on August 14, the retail price limit and price adjustment window for refined oil products would open again, and oil prices will be reduced for the fifth time this year. According to estimates, when the price adjustment window opens, the corresponding theoretical reduction range for refined oil products will be around 210 yuan/ton, which is equivalent to a price increase of about 0.15 yuan, but the final price adjustment range must be subject to official announcements.