Gasoline retail prices are set to go up from Saturday in line with China's fuel price adjustment mechanism and the global crude price rise.

The National Development and Reform Commission, the nation's top economic planner, said on Friday that retail prices of gasoline would be hiked by 300 yuan ($48.55) a metric ton, or 0.22 yuan a liter from Saturday, while diesel prices would go up by 285 yuan a ton, or 0.24 yuan a liter.

After the retail price rise, the benchmark price of 90-octane grade gasoline will be 6.04 yuan a liter.

Oil retail prices in China have seen four hikes and three cuts so far this year.

Li Yan, a crude oil analyst at domestic consultancy Shandong Longzhong Information Technology Co, said global crude prices will go up slightly in the near future but not by too much.

He expected the retail price will continue to rise slightly or stay unchanged during the next pricing adjustment.

Xue Qun, an oil product analyst at the consultancy, said fuel costs for family drivers will go up by 10 yuan per 500 kilometers. Logistics companies will pay an additional 80 yuan per 1,000 kilometers to fuel the trucks.