Core Viewpoint - Domestic oil prices have experienced significant fluctuations, impacting consumers and the market dynamics [2] Price Overview - In East China, gasoline prices are as follows: 92 gasoline at 6.81 CNY/liter, 95 at 7.24 CNY/liter, and 98 at 9.14 CNY/liter in Shanghai [3] - In North China, Beijing's 92 gasoline is priced at 6.84 CNY/liter, while in Tianjin, it is 6.83 CNY/liter [3] - In Northeast China, prices vary slightly with 92 gasoline at 6.93 CNY/liter in Liaoning and 6.80 CNY/liter in Jilin [4] Recent Price Adjustments - Domestic fuel prices have been raised for the seventh time this year, with gasoline increasing by 125 CNY/ton and diesel by 120 CNY/ton [6] - The latest adjustments translate to an increase of 0.09 CNY/liter for 92 gasoline and 0.11 CNY/liter for 95 gasoline [6] - Year-to-date, gasoline and diesel prices have seen a cumulative decrease of 745 CNY/ton and 715 CNY/ton respectively [6] International Market Influence - International oil prices have recently risen, with WTI reaching 59.75 USD/barrel and Brent at 63.63 USD/barrel [7] - Current prices are 64.170 USD for Brent and 60.330 USD for WTI, reflecting increases of 0.80% and 0.97% respectively [7] - Key factors affecting oil prices include supply-demand dynamics and geopolitical developments [7] Future Outlook - Upcoming diplomatic talks may influence oil price trends towards the end of the year [9] - Overall, a cautious optimism suggests that oil prices may experience a moderate decline in the coming weeks [9]

Core Points - Domestic refined oil prices in China will be adjusted downward due to fluctuations in international oil prices, with gasoline and diesel prices decreasing by 70 yuan and 75 yuan per ton respectively [1][3] - This marks the seventh price reduction since 2025, with a total of 20 price adjustments occurring this year, including 6 increases, 7 decreases, and 7 instances of price stasis [3] - The overall trend for gasoline prices in 2025 shows a cumulative decrease of 405 yuan per ton, translating to a reduction of approximately 0.32 to 0.35 yuan per liter, while diesel prices have decreased by 390 yuan per ton, equating to a drop of about 0.33 to 0.35 yuan per liter [3] Industry Impact - The recent price adjustments are primarily influenced by changes in the supply and demand dynamics of the international crude oil market, with slowing energy demand growth in major economies and a rebound in production from some oil-exporting countries contributing to a relatively loose market supply [3] - The next price adjustment window is set for October 27, 2025, with expectations that it may result in another price stasis [3]