Sublime China Information (SZ:301299) Hua Xia Shi Bao·2025-12-23 00:36Core Viewpoint - The recent adjustment in domestic fuel prices reflects a downward trend in international crude oil prices, leading to a reduction in gasoline and diesel prices in China, which is expected to lower costs for private car owners and logistics companies [3][5][6]. Price Adjustment Details - The National Development and Reform Commission announced a reduction of 170 yuan per ton for gasoline and 165 yuan per ton for diesel, effective from December 22, 2025 [3][5]. - The average price of reference crude oil was reported at $59.00 per barrel, with a change rate of -3.29%, prompting the price reduction [5]. - After this adjustment, the retail price for 92-octane gasoline is expected to be between 6.6 and 6.7 yuan per liter, while diesel prices will range from 6.3 to 6.5 yuan per liter [6]. Impact on Consumers and Logistics - For private car owners, filling a 50L tank of 92-octane gasoline will cost approximately 6.5 yuan less [6]. - For logistics companies operating large trucks, the fuel cost per 100 kilometers will decrease by about 5.6 yuan [6]. International Oil Price Trends - The international crude oil market has shown a downward trend despite geopolitical tensions affecting supply, with concerns over long-term oversupply outweighing short-term risks [7][8]. - The U.S. Energy Information Administration has increased its forecast for U.S. oil production, contributing to a more abundant supply in the market [8]. Future Price Expectations - Analysts have differing views on the next round of price adjustments, with some predicting a potential increase due to geopolitical instability and seasonal demand during the Christmas period [9][10]. - The next price adjustment window is set for January 6, 2026, with expectations of continued low oil prices influencing the likelihood of further reductions [9].