Core Viewpoint - The domestic retail price of refined oil is expected to decrease significantly, with a predicted reduction of 80 yuan per ton, marking the eighth price cut this year [1]. Price Adjustment Summary - As of October 13, the retail price of refined oil will undergo a new round of adjustments, with the current forecast indicating a drop exceeding 50 yuan per ton [1]. - In 2023, there have been 19 rounds of price adjustments for domestic refined oil, including 6 increases, 6 instances of no change, and 7 decreases [1]. - The average decrease in gasoline and diesel prices compared to the end of last year is 405 yuan per ton and 390 yuan per ton, respectively [2]. International Oil Price Trends - On October 10, WTI crude oil futures fell by 5.32%, reaching the lowest point since May [3]. - The domestic crude oil futures also saw a decline, with the main contract dropping by 4.55%, nearing the May low [3]. - The recent significant drop in international oil prices suggests that there may still be room for further declines [5][6]. Market Analysis - Analysts from Guotai Junan Futures and Zhonghui Futures indicate that the combination of ample supply, weakening demand, and reduced geopolitical risks may lead to further declines in oil prices in the coming week [6]. - The impact of U.S. tariff policies on oil prices is highlighted as a significant factor, with expectations of continued downward pressure [6].
油价明晚或将下调
21世纪经济报道·2025-10-12 07:38