Core Viewpoint - A new round of fuel price adjustments is imminent, with expectations of a significant increase in oil prices due to a rebound in international crude oil prices after a previous decline [1][3]. Group 1: Oil Price Trends - Recent increases in crude oil prices are attributed to multiple favorable factors, including expectations of U.S. Federal Reserve interest rate cuts and easing U.S.-China trade tensions, which have improved global economic and oil demand outlooks [3]. - OPEC+ has decided to postpone production increases in the first quarter of next year, demonstrating a commitment to maintaining market balance [3]. - Geopolitical risks, particularly concerning Venezuela, have injected a risk premium into the market, despite a temporary price drop following initial spikes [3]. Group 2: Domestic Fuel Price Adjustments - As of November 4, the average price of reference crude oil is $62.87 per barrel, with a change rate of 3.45%, indicating a potential domestic fuel price increase of 165 yuan per ton, translating to an expected rise of 0.13 to 0.15 yuan per liter for gasoline and diesel [6]. - Since July 1, domestic gasoline and diesel prices have not been adjusted for nearly four months, with a total of six increases, nine decreases, and six standoffs this year, leading to prices reaching a near four-year low [6]. - Current prices for 92 and 95 gasoline have decreased by approximately 1 yuan per liter from their peak earlier this year, with 92 gasoline now priced at 6.82 yuan per liter and 95 gasoline at 7.25 yuan per liter [7][8].