Core Viewpoint - The recent decline in oil prices is attributed to multiple factors in both international and domestic markets, leading to expected reductions in gasoline and diesel prices in China [2][3]. Group 1: Price Adjustments - As of October 21, the oil price change rate has dropped to -7.93%, with anticipated reductions of 320 yuan per ton for gasoline and diesel, translating to a decrease of 0.24 to 0.27 yuan per liter [1]. - Following the price adjustments, the average price of 92-octane gasoline is expected to fall from 7.04 yuan per liter to a range of 6.77 to 6.80 yuan per liter [3]. Group 2: Supply and Demand Dynamics - The global oil market is currently experiencing a surplus, with OPEC+ increasing production and major oil-exporting countries maintaining high export levels, contributing to a supply-demand imbalance [3][4]. - The International Energy Agency (IEA) has consistently downgraded its forecasts for global oil demand growth, reflecting a more conservative outlook due to anticipated economic slowdowns [3]. Group 3: Geopolitical Factors - Despite ongoing geopolitical tensions, such as the Russia-Ukraine conflict and sanctions on Iran, their impact on oil prices has diminished as market supply has increased, leading to a return to fundamental pricing [5][7]. - The end of the peak oil consumption season in the Northern Hemisphere has raised concerns about future demand, with expectations of a decline in global oil demand by 500,000 barrels per day in the fourth quarter [7].

Core Viewpoint - The price of 92-octane gasoline is expected to drop back to the 6 yuan per liter range, marking a four-year low, with the next price adjustment scheduled for October 27 [1] Price Adjustments - As of October 21, the crude oil price change rate has fallen to -7.93%, leading to an anticipated reduction of 320 yuan per ton for gasoline and diesel prices, translating to a decrease of 0.24 to 0.27 yuan per liter [1] - The current average price of 92-octane gasoline is 7.04 yuan per liter, which is expected to decrease to a range of 6.77 to 6.80 yuan per liter after the adjustment [1] - The average price of 95-octane gasoline is currently 7.52 yuan per liter, projected to drop to 7.25 to 7.28 yuan per liter [1] - The average price of 0-diesel is 6.67 yuan per liter, expected to decline to 6.40 to 6.43 yuan per liter [1] Regional Impact - The price adjustments will lead to 92-octane gasoline prices returning to the 6 yuan range across most regions of the country, excluding Hainan and Tibet [1]

Core Viewpoint - The latest monitoring data indicates that the price of 92-octane gasoline is expected to drop back to the 6 yuan per liter range, marking a four-year low since 2021, with the next price adjustment scheduled for October 27 at 24:00 [1] Price Adjustments - As of October 21, the crude oil price change rate has fallen to -7.93%, leading to an anticipated reduction of 320 yuan per ton for gasoline and diesel prices, which translates to a decrease of 0.24 to 0.27 yuan per liter [1] - The current average price of 92-octane gasoline is 7.04 yuan per liter, which is expected to decrease to a range of 6.77 to 6.80 yuan per liter after the adjustment [1] - The average price of 95-octane gasoline is currently 7.52 yuan per liter, projected to drop to 7.25 to 7.28 yuan per liter [1] - The average price of 0-octane diesel is 6.67 yuan per liter, expected to fall to a range of 6.40 to 6.43 yuan per liter [1]

Core Viewpoint - The National Development and Reform Commission announced a reduction in domestic gasoline and diesel prices effective from October 13, 2025, with gasoline down by 75 yuan per ton and diesel by 70 yuan per ton, marking the eighth price cut of the year [1][6]. Price Adjustment Impact - After the price adjustment, filling a 50L tank of 92 gasoline for private cars will cost 3 yuan less [3]. - For a typical fuel vehicle running 2000 kilometers per month with an average fuel consumption of 8L per 100 kilometers, the fuel cost per vehicle will decrease by approximately 4 yuan before the next price adjustment window on October 27, 2025 [3]. - In the logistics sector, a heavy truck running 10,000 kilometers per month with a fuel consumption of 38L per 100 kilometers will see a reduction in fuel costs of about 106 yuan per vehicle before the next price adjustment [4]. Market Outlook - According to analysts from Zhuochuang Information, the geopolitical premium has largely dissipated, leading to a more pessimistic market sentiment and a shift towards risk aversion [6]. - In the short term, oil prices are expected to exhibit volatility, with a potential further decline in price levels [6]. - Based on current crude oil prices, the initial change rate for the new pricing cycle is projected to be negative, with an expected retail price cut of 260 yuan per ton on the first day of the new cycle, with the next adjustment window on October 27, 2025 [6].

Core Viewpoint - Domestic gasoline and diesel prices in China will be reduced due to the decline in international oil prices, effective from October 13 at 24:00 [1] Price Adjustment Details - The price of gasoline will be reduced by 70 yuan per ton, while diesel will see a decrease of 75 yuan per ton [1] - The average price reduction for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel will be 0.06 yuan per liter [1] - Filling a 50-liter tank with 92-octane gasoline will cost 3 yuan less after the price adjustment [1] International Oil Price Trends - The international oil prices have shown a fluctuating downward trend during the current pricing cycle from September 23 to October 11 [1]

Core Viewpoint - The National Development and Reform Commission announced a reduction in domestic gasoline and diesel prices due to recent fluctuations in international oil prices, effective from October 13, 2023 [1] Price Adjustment Summary - Domestic gasoline and diesel prices will decrease by 75 yuan and 70 yuan per ton, respectively, translating to a reduction of 0.06 yuan per liter for 92 and 95 octane gasoline and 0.06 yuan per liter for 0 diesel [2] - This price adjustment will result in approximately 3 yuan savings for a full tank of a typical private car and a reduction of 2.4 yuan in fuel costs for a 50-ton logistics vehicle per 100 kilometers [4] Market Dynamics - The international oil price has been on a downward trend since late September, with U.S. oil prices falling below $60 per barrel [6] - The "OPEC+" group has decided to maintain production increases, but the actual increase has been lower than market expectations, with only 75% of the planned increase achieved from April to August [7] - Geopolitical tensions and trade issues have contributed to the fluctuations in oil prices, with concerns about economic and energy demand prospects due to the U.S. government shutdown [4][6] Future Outlook - Analysts predict a high probability of further reductions in refined oil prices in the near future due to oversupply risks and a generally weak global economic outlook [2] - The "OPEC+" production increase may be limited by the lack of spare capacity among member countries, particularly with Russia's production capabilities being stretched [7]

经计算 ，用92号汽油加满50升的油箱将少花3元。 据央视财经，记者从国家发展改革委了解到，受国际油价震荡下行影响，国内汽柴油价格将于10月13 日24时下调。据国家发展改革委价格监测中心监测，本轮成品油调价周期内（9月23日—10月11日） 国际油价呈震荡下降走势。 从10月13日24时起，国内汽、柴油每吨分别下调75元和70元，全国平均来看，92号汽油、95号汽油 和0号柴油每升均下调0.06元。 ...

Core Viewpoint - Domestic gasoline and diesel prices in China will be reduced due to the decline in international oil prices, effective from October 13 at 24:00 [1] Price Adjustment Details - The price adjustment period from September 23 to October 11 saw a fluctuating downward trend in international oil prices [1] - Starting from October 13, the price of gasoline will be reduced by 70 yuan per ton, and diesel by 75 yuan per ton [1] - On average, the price per liter for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel will decrease by 0.06 yuan [1] - For example, filling a 50-liter tank with 92-octane gasoline will cost 3 yuan less [1]

(责任编辑：朱赫) 从10月13日24时起，国内汽、柴油每吨分别下调70元和75元，全国平均来看，92号汽油、95号汽油和0 号柴油每升均下调0.06元。 记者从国家发展改革委了解到，受国际油价震荡下行影响，国内汽柴油价格将于10月13日24时下调。据 国家发展改革委价格监测中心监测，本轮成品油调价周期内(9月23日—10月11日)国际油价呈震荡下降 走势。 按此价格计算，用92号汽油加满50升的油箱将少花3元。 ...

Core Viewpoint - Domestic gasoline and diesel prices will be reduced due to the decline in international oil prices, effective from October 13 at 24:00 [1] Group 1: Price Adjustments - From October 13, domestic gasoline and diesel prices will be lowered by 70 yuan and 75 yuan per ton, respectively [1] - The average price reduction for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel will be 0.06 yuan per liter [1] - Filling a 50-liter tank with 92-octane gasoline will result in a savings of 3 yuan [1]