国内成品油价迎“二连跌”

Core Viewpoint - Domestic refined oil prices have been reduced for the ninth time this year, with gasoline and diesel prices decreasing by 265 yuan and 255 yuan per ton respectively, effective from October 27 [1] Group 1: Price Adjustments - The recent price adjustment will lower commuting and travel costs for the public, with a full tank of 92-octane gasoline costing 10.5 yuan less [1] - The overall trend for refined oil price adjustments this year has been characterized by "six increases, nine decreases, and six stabilities" [1] Group 2: Market Analysis - The international oil price experienced fluctuations during the pricing cycle, initially declining due to a deteriorating trade environment and geopolitical tensions, followed by a rebound as positive signals emerged from China-U.S. trade talks [1] - As of October 24, the reference crude oil price change rate was recorded at -6.09%, indicating that despite a rebound, international oil prices remain low [1] Group 3: Future Outlook - The next price adjustment window for domestic refined oil is set for November 10, 2025 [2] - The oil market is currently balancing short-term geopolitical benefits against long-term supply surplus pressures, with ongoing sanctions against Russia and tensions in U.S.-Venezuela relations contributing to market volatility [2] - Despite some support for international oil prices from recent trade negotiations, the market still faces long-term downward pressure due to OPEC+ production increases and insufficient oil consumption growth [2]