中国成品油价迎年内“第四涨”

Core Points - China's refined oil prices have increased for the fourth time in 2025, with gasoline and diesel prices rising by 65 RMB and 60 RMB per ton respectively, effective from June 3, 2025 [1] - The average price increase translates to an additional 0.05 RMB per liter for 92 gasoline, 95 gasoline, and 0 diesel, resulting in a 2.5 RMB increase for filling a 50-liter tank of 92 gasoline [1] - The current pricing structure indicates that despite the increase, many regions still see 92 gasoline prices within the "6 RMB era," limiting the impact on consumer driving costs [1] Industry Analysis - This marks the 11th adjustment window for China's refined oil prices in 2025, with the overall trend showing "four increases, five decreases, and two stasis" [2] - Compared to the beginning of the year, the current standard gasoline price has decreased by 590 RMB per ton, while standard diesel has decreased by 570 RMB per ton after accounting for price fluctuations [2] - Despite OPEC+'s plans to maintain significant production increases from June to July, the traditional peak season for fuel consumption in the U.S. and geopolitical uncertainties surrounding the Russia-Ukraine and U.S.-Iran situations are expected to support international oil prices [2] - The likelihood of another price increase in the next round of adjustments is considered high [2]