卓创资讯：国际油价弱势震荡 本轮成品油零售价调整搁浅概率较大

Core Viewpoint - The international crude oil market experienced a trend of rising prices followed by a decline during the current period, with domestic reference crude oil price changes initially widening and then narrowing, leading to a potential stagnation in retail fuel price adjustments [1] Group 1: Market Dynamics - In the early part of the current period, U.S. crude oil inventories fell more than expected, coupled with fluctuating geopolitical situations, which supported a volatile upward movement in international oil prices [1] - Concerns over OPEC+ increasing production and anticipated weakening of U.S. oil demand contributed to a continuous decline in international oil prices [1] Group 2: Domestic Impact - The domestic reference crude oil price change rate was initially in positive territory, expanding before gradually narrowing during the period [1] - The expected adjustment of domestic retail fuel prices may face a standstill due to the overall trends in international oil prices [1]