Core Viewpoint - The domestic refined oil prices in China have been reduced again, marking the eighth decrease since 2025, with gasoline and diesel prices lowered by 75 yuan and 70 yuan per ton respectively, reflecting a trend of "six increases, eight decreases, and six stabilities" in the year [1][2] Price Adjustments - As of October 13, the average price of 92 gasoline is 8036 yuan per ton, down 75 yuan from the end of September, while 95 gasoline is at 8315 yuan per ton, down 70 yuan, and 0 diesel is at 6943 yuan per ton, down 77 yuan [2][3] - The price reduction translates to approximately 3 yuan savings for a typical car owner filling up a 50-liter tank of 92 gasoline [1] International Oil Market - As of October 13, WTI crude oil futures are priced at $59.88 per barrel, and Brent crude at $63.73 per barrel, showing slight increases [1] - Analysts attribute the recent rise in international oil prices to technical rebounds and geopolitical uncertainties, particularly related to the Russia-Ukraine situation, alongside adjustments in U.S. tariffs [1] Supply and Demand Dynamics - The supply of gasoline and diesel may decrease slightly due to reduced operating rates at Shandong independent refineries and major refineries [3] - Gasoline demand is expected to weaken due to limited travel, while diesel demand may improve as outdoor work resumes following the end of persistent rainfall in northern provinces [3] Market Outlook - Analysts predict that the new pricing cycle may start with a negative trend, indicating a high probability of consecutive price declines for refined oil products [2][3]
油价年内第八次下调 后市或迎“二连跌”
Zhong Guo Jing Ying Bao·2025-10-13 14:58