油价以“三连跌”收官 2025年“七涨十二跌”

Core Viewpoint - Domestic oil prices in China have experienced a "three consecutive declines" as the year comes to a close, with significant reductions in gasoline and diesel prices [1] Group 1: Price Adjustments - As of December 22, 2025, the prices for gasoline and diesel have been reduced by 170 yuan and 165 yuan per ton, respectively, translating to a decrease of 0.13 yuan, 0.14 yuan, and 0.14 yuan per liter for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel [1] - The price adjustment pattern for 2025 shows "seven increases, twelve decreases, and six stabilities" [1] Group 2: Market Dynamics - International crude oil prices have shown a trend of fluctuating increases, supported by increased U.S. sanctions on Venezuela and heightened EU sanctions on Russia, alongside uncertainties in the Russia-Ukraine situation [1] - Domestic supply of refined oil has slightly increased due to rising operating rates at major refineries, while demand has weakened, particularly for diesel, as outdoor construction activities slow down with falling temperatures in northern regions [1] Group 3: Future Outlook - Despite recent small increases in crude oil prices, domestic gasoline and diesel prices are expected to continue a weak operational trend due to suppressed expectations for further reductions, weak demand, and increasing sales pressure on major suppliers [1] - Analysts predict that the international crude oil market will continue to experience a volatile pattern, with expectations of oversupply persisting, leading to a cautious outlook among industry participants [2]