Core Viewpoint - The National Development and Reform Commission announced an increase in domestic gasoline and diesel prices due to fluctuations in international oil prices, marking the third adjustment in 2026 and the second increase this year [1] Group 1: Price Adjustments - As of February 3, 2026, domestic gasoline and diesel prices will rise by 205 yuan and 195 yuan per ton, respectively [1] - This adjustment translates to an increase of 0.16 yuan per liter for 92 gasoline and 0.17 yuan per liter for 0 diesel [1] - For an average private car with a 50L fuel tank, filling up will cost approximately 8 yuan more [1] Group 2: International Oil Price Trends - During the adjustment period from January 20 to February 2, international oil prices initially rose and then fell, with an average level higher than the previous adjustment period [1] - Factors influencing this trend included geopolitical tensions, particularly increased U.S. sanctions on Iran, and adverse weather conditions affecting U.S. oil production and exports [1] - Brent crude oil futures prices briefly exceeded $70 per barrel due to these factors [1] Group 3: Future Outlook - Following the easing of geopolitical tensions with the initiation of U.S.-Iran negotiations, international oil prices have significantly decreased, currently around $66 per barrel [2] - The National Development and Reform Commission anticipates continued volatility in international oil prices due to geopolitical uncertainties [2] - The International Monetary Fund has raised its 2026 global economic growth forecast by 0.2 percentage points to 3.3%, while the International Energy Agency has increased its global oil demand growth forecast by 70,000 barrels per day to 930,000 barrels per day, indicating improved economic prospects and oil demand [2]