Core Points - The National Development and Reform Commission announced a reduction in domestic gasoline and diesel prices due to fluctuations in international oil prices, effective from November 24 at 24:00 [1] - Gasoline prices will decrease by 70 yuan per ton, while diesel prices will decrease by 65 yuan per ton [1] Pricing Details - The adjusted maximum retail prices for gasoline and diesel will vary by province and municipality, with specific prices listed in an attached table [3][4][5] - The pricing mechanism follows a "one province, one price" policy in certain regions, while others do not implement this pricing strategy [3][4]

2025年11月24日国内成品油价格按机制调整 近期国际市场油价波动运行，根据11月24日的前10个工作日平均价格与上次调价前10个工作日平均价格对比 情况，按照现行成品油价格机制，自11月24日24时起，国内汽、柴油价格（标准品，下同）每吨分别降低70元和 65元。调整后，各省（区、市）和中心城市汽、柴油最高零售价格见附表。 中石油、中石化、中海油三大公司及其他原油加工企业要组织好成品油生产和调运，确保市场稳定供应，严 格执行国家价格政策。各地相关部门要加大市场监督检查力度，严厉查处不执行国家价格政策的行为，维护正常 市场秩序。消费者可通过12315平台举报价格违法行为。 附：各省区市和中心城市汽、柴油最高零售价格 | | | 早位: 元/吨 | | --- | --- | --- | | | 汽油(标准品) | 柴油(标准品) | | 、实行一省一价的地区 | | | | 北京市 | 8575 | 7585 | | 天津市 | 8540 | 7550 | | 河北省 | 8540 | 7550 | | 山西省 | 8610 | 7605 | | 辽宁省 | 8540 | 7550 | | 吉林省 | 85 ...

Core Viewpoint - The retail price of refined oil in China is expected to be adjusted downward due to a recent decline in crude oil prices, with a potential decrease of 55 yuan per ton anticipated by November 24 [1] Group 1: Oil Price Trends - During the current pricing cycle, crude oil prices have experienced significant fluctuations, starting with a negative change rate of -1.24% as of November 20 [1] - The overall low-level operation of crude oil prices suggests that the retail price of refined oil may face downward pressure [1] Group 2: Market Implications - The expected price reduction, combined with weak demand, is likely to put overall pressure on the wholesale market prices for gasoline and diesel in the short term [1]

Core Viewpoint - Recent fluctuations in international oil prices have led to an increase in domestic gasoline and diesel prices in China, effective from November 10, with gasoline rising by 125 yuan per ton and diesel by 120 yuan per ton [1] Price Adjustments - The average price comparison for the first ten working days of November against the last ten working days of October indicates a price adjustment in line with the current refined oil pricing mechanism [1] - The new maximum retail prices for gasoline and diesel across various provinces and municipalities have been detailed in an accompanying table [2][3] Market Regulation - Major oil companies, including PetroChina, Sinopec, and CNOOC, along with other oil processing enterprises, are required to ensure stable supply and compliance with national pricing policies [1] - Local authorities are tasked with increasing market supervision and strictly enforcing national pricing policies to maintain normal market order [1] - Consumers are encouraged to report price violations through the 12315 platform [1]

Core Viewpoint - Recent fluctuations in international oil prices have led to an increase in domestic gasoline and diesel prices in China, effective from November 10, 2025, with gasoline rising by 125 yuan per ton and diesel by 120 yuan per ton, resulting in an additional cost of approximately 5 yuan for filling a 50-liter tank of 92-octane gasoline [1][3]. Price Adjustment Summary - This adjustment marks the 22nd price change in 2025 and the 7th increase for the year, indicating a trend of "seven increases, nine decreases, and six stabilities" in the pricing mechanism for refined oil [3]. - The next price adjustment window is set to open on November 24, 2025 [3]. Market Outlook - Industry experts anticipate that the OPEC+ production increase will continue through November and December, leading to a more abundant supply, which may exert downward pressure on prices [3]. - Additionally, the global economic and demand outlook remains weak, suggesting a continuation of bearish fundamentals, with a higher likelihood of price reductions in the next round of adjustments [3].

Core Points - The National Development and Reform Commission announced an increase in domestic gasoline and diesel prices effective from November 10, 2025, with gasoline prices rising by 125 yuan per ton and diesel by 120 yuan per ton, translating to an increase of 0.10 yuan per liter for 92 gasoline, 95 gasoline, and 0 diesel [1] Group 1: Price Impact on Consumers - After the price adjustment, filling a 50L tank of 92 gasoline will cost an additional 5 yuan for private car owners [3] - For a typical private car running 2,000 kilometers per month with an average fuel consumption of 8L per 100 kilometers, the fuel cost will increase by approximately 7 yuan before the next price adjustment window on November 24, 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 an increase in fuel costs of about 177 yuan before the next price adjustment [3] Group 2: Future Price Predictions - According to industry analyst Dai Tiandong from Zhuochuang Information, the next pricing cycle may start with a negative change rate for crude oil prices, potentially leading to a decrease of around 70 yuan per ton during the next adjustment window on November 24, 2025 [5]

Core Viewpoint - The new round of refined oil price adjustments in China will take effect on November 10, influenced by fluctuations in international oil prices, leading to a slight increase in domestic gasoline and diesel prices [1] Price Adjustment Summary - The price adjustment period from October 25 to November 7 saw narrow fluctuations in international oil prices [1] - Starting from November 10 at 24:00, the retail price limits for gasoline and diesel will increase by 125 yuan and 120 yuan per ton, respectively [1] - On average, the prices for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel will rise by 0.10 yuan per liter [1] - Filling a 50-liter tank with 92-octane gasoline will cost an additional 5 yuan [1]

Core Viewpoint - The recent fluctuations in international oil prices have led to an increase in domestic gasoline and diesel prices in China, effective from November 10, 2025, with gasoline prices rising by 125 yuan per ton and diesel prices by 120 yuan per ton [1] Price Adjustments - The average retail price for 92 gasoline increased by 0.1 yuan, 95 gasoline by 0.1 yuan, and 0 diesel by 0.1 yuan, resulting in an additional cost of 5 yuan for filling a 50L tank of 92 gasoline [1] - A summary of the price adjustments for 92 gasoline throughout 2025 shows various increases and decreases, with the most recent increase on November 10 being 0.1 yuan, bringing the price to 7.00 yuan per liter [1] - Similarly, 95 gasoline also experienced fluctuations, with the latest adjustment on November 10 resulting in an increase of 0.1 yuan, leading to a price of 7.46 yuan per liter [1]

Core Viewpoint - Recent fluctuations in international oil prices have led to an increase in domestic gasoline and diesel prices in China, effective from November 10, 2023, at 24:00 [1] Price Adjustments - The price of gasoline has increased by 125 yuan per ton, while diesel has risen by 120 yuan per ton [1] - The adjustments are based on the comparison of average prices from the first ten working days of November and October [1] Regional Pricing - The new maximum retail prices for gasoline and diesel will vary by province, municipality, and central city, as detailed in the accompanying tables [1]

Core Viewpoint - Recent reductions in refined oil prices have brought them back to the "6 yuan era," with significant price adjustments for gasoline and diesel effective from October 27 [1] Price Adjustments - The National Development and Reform Commission announced a decrease of 265 yuan per ton for gasoline and 255 yuan per ton for diesel, based on average prices from the previous ten working days [1] - In Beijing, the price of 92-octane gasoline will decrease from 7.05 yuan to 6.84 yuan per liter, a reduction of 0.21 yuan; 95-octane gasoline will drop from 7.51 yuan to 7.28 yuan per liter, a decrease of 0.23 yuan; and 0-diesel will fall from 6.74 yuan to 6.52 yuan per liter, a reduction of 0.22 yuan [1] Impact on Consumers - For an average private car with a 50-liter fuel tank, filling up with 92-octane gasoline will cost 10.5 yuan less after the price adjustment [1] Pricing Trends - This adjustment marks the 21st price change in 2025 and the 9th decrease this year, resulting in a pricing pattern of "six increases, nine decreases, and six stasis" for refined oil prices [1] - The next price adjustment window will open on November 10 at 24:00 [1]