Core Viewpoint - The current oil price adjustment cycle indicates a significant upward trend, with an expected increase of 180 CNY/ton, translating to a rise of 0.14-0.16 CNY per liter, despite a reduction in the increase compared to the previous day [1] Group 1: Current Oil Price Situation - The domestic oil price is currently at a high level, with various regions reporting prices for 92-octane gasoline ranging from 6.64 CNY/liter in Xinjiang to 7.96 CNY/liter in Hainan, the highest in the country [5] - The next oil price adjustment window opens on November 10, with the potential for changes based on international oil price fluctuations in the coming days [4] Group 2: International Oil Price Dynamics - Recent volatility in international oil prices has been marked by a significant drop, with WTI crude oil falling by 2.23% to 60.17 USD/barrel and Brent crude down by 1.80% to 63.85 USD/barrel [3] - A slight rebound in oil prices was observed, with WTI crude rising to 60.34 USD/barrel, supported by a larger-than-expected decrease in API crude oil inventories [3] Group 3: Influencing Factors - The upcoming release of the EIA crude oil inventory data and the Federal Reserve's interest rate decision are critical variables that could impact oil prices [5][6] - OPEC+ production increase expectations and easing US-China trade tensions continue to suppress the potential for significant oil price increases, while geopolitical risks may still trigger supply concerns [5]