Beijing's "Two Barrels of Oil" Price Reduction at 174 Petrol Stations

Since the first adjustment of domestic refined oil products , price cuts for petrol stations on the Beijing market have become a norm. As international oil prices continue to fall, domestic stocks are high and trading is light, and there are more and more gas stations that join the price reduction promotions. It is understood that, together with Sinopec's self-service tanker discount, Beijing's 1,235 gas stations have a total of 289 gas stations whose prices are lower than the government's guidance price. Its preferential level is between 0.05-0.65 yuan. Beijing Jing V92 # gasoline price guide price of 8.07 yuan / liter.

Among the gas stations with special promotions, there are 116 PetroChina gas stations, 58 Sinopec, and 174 “two barrel oil” promotional gas stations. In addition, there are 12 Sinochem Total, 21 Shell, 69 private gas stations, and 13 other gas stations. There is a total of 245 gas stations selling V92# gasoline at a price of less than RMB 8 (excluding RMB 8) per liter.

Insiders pointed out that most of the gas stations in the Beijing market are located in the suburbs of the outer suburbs, or the “gathering grounds” for many different gas stations. In order to attract more traffic, the gas station will launch different preferential measures in due course, with other surrounding oil Station competition.

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