Government releases weekly updates on retail price adjustments of auto-fuel
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Currently, around 80 per cent of Hong Kong's oil products come from the Chinese Mainland. Hong Kong has weathered several global energy crises in the past, including those triggered by the Gulf War and the Ukrainian conflict. With the advantage of having strong support from the motherland, Hong Kong has been able to maintain a stable energy supply amid energy shortages in many regions and cities around the world.
In view of the latest situation in the Middle East, the Environment and Ecology Bureau (EEB) reiterated to local major oil companies the importance of energy for Hong Kong's economic and social operations, and urged them to ensure a stable supply of local auto-fuel. All oil companies have indicated that the supply of local auto-fuel remains at a normal level, and that they will continue to strive to maintain a stable supply.
To facilitate public monitoring of retail price adjustments for auto-fuel, the EEB will, starting from today (April 1) and on a weekly basis, release the seven-day moving average retail prices, after walk-in discounts, of unleaded petrol and diesel from local oil companies, along with the trends in international benchmark prices of refined oil products during the same period. The relevant information has been uploaded to the EEB website: www.eeb.gov.hk/en/energy/financial_monitoring.html.
Crude oil and refined oil products are different products. Therefore, changes in the international prices of crude oil (e.g. London Brent crude) may not necessarily correspond to adjustments in retail prices for auto-fuel. The EEB compares the international benchmark prices of refined oil products with retail prices for auto-fuel in these charts to facilitate the public in monitoring trends of local retail prices for auto-fuel among local oil companies, as well as international prices for refined oil products, and to assess whether these prices are moving in tandem and the extent of such changes.
While local oil companies have set pump prices for auto-fuel, they offer various discounts for actual transactions. As a result, pump prices do not reflect the actual retail prices. In addition to showing pump prices, the charts also show the retail prices, net of walk-in discounts, offered by each oil company. This allows the public to compare the average prices across different oil companies and choose the ones offering more competitive prices. Nonetheless, it should be noted that these charts do not take into account other discounts available only to specific customers, such as credit card discounts and membership card discounts from the oil companies.
The EEB will release the charts for the previous week every Wednesday afternoon. If Wednesday falls on a general holiday, the charts will be released on the next working day.
The Government will continue to closely monitor geopolitical developments, international energy price trends, and the local fuel supply situation to ensure the stability of Hong Kong's energy supply.
Ends/Wednesday, April 1, 2026
Issued at HKT 15:15
Issued at HKT 15:15
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