Core Viewpoint - The domestic retail price of refined oil in China has been adjusted upwards for the first time in 2026, exceeding the adjustment threshold of 50 yuan per ton, indicating a trend of rising fuel prices [1][2]. Group 1: Price Adjustments - The price of 92 gasoline and 0 diesel has increased by 0.07 yuan per liter, leading to a slight rise in fuel costs for consumers over the next two weeks [3]. - For a typical 50-liter fuel tank, private car owners will spend approximately 3.5 yuan more to fill up [3]. Group 2: Market Trends - The international crude oil prices have shown a trend of rising initially and then falling, but the average price has increased compared to the previous period, with the reference crude oil change rate shifting from negative to positive [1][2]. - The current pricing cycle has transitioned from a "zero increase, zero decrease, and one pause" pattern to "one increase, zero decrease, and one pause" for 2026 [2][3]. - Ongoing geopolitical uncertainties and OPEC+ halting production increases are expected to support supply, indicating a higher probability of further price increases in the next round of adjustments [2][3].

Core Viewpoint - Goldman Sachs states that OPEC+ will pause production increases as OECD inventories rise, maintaining its 2026 Brent crude oil price forecast at $56 per barrel [1] Group 1 - OPEC+ is expected to halt production increases due to rising inventories in the OECD [1] - Goldman Sachs has set a price forecast for Brent crude oil at $56 per barrel for the year 2026 [1]