Core Viewpoint - The domestic fuel price adjustment on November 24 is expected to result in a slight decrease in gasoline prices, marking a reversal in the recent upward trend observed in November [1][2] Group 1: Price Adjustments - The upcoming price adjustment will see a decrease of approximately 50 yuan/ton for gasoline and diesel, translating to a drop of about 0.04 to 0.05 yuan per liter [1] - The cumulative reduction in fuel prices this year has exceeded 700 yuan/ton, equating to nearly 0.6 yuan per liter [1] - The average price of 92-octane gasoline reached a low of 6.83 yuan/liter, the lowest in nearly four years [1] Group 2: International Oil Prices - On November 21, international oil prices continued to decline, with WTI crude oil priced at $58.06 per barrel (down 1.59%) and Brent crude at $62.56 per barrel (down 1.29%) [2] - The average price of WTI crude for the current cycle is $59.57 per barrel, while Brent crude averages $63.79 per barrel, reflecting a decrease of nearly $0.15 per barrel from the previous day [2] - The expected price drop for the upcoming cycle is projected to increase by an additional 15 yuan/ton due to the recent decline in international oil prices [2]

Core Viewpoint - The domestic fuel price is set to decrease, with a confirmed reduction expected on November 24, following a series of price adjustments throughout the year [1][2]. Price Adjustment Summary - As of November 24, the prices for 92 and 95 gasoline are anticipated to drop slightly, continuing a trend observed in the previous months [1]. - In the first ten months of the year, domestic oil prices experienced 21 adjustments, with a total reduction exceeding 700 yuan per ton, translating to nearly 0.6 yuan per liter [1]. - The average price of 92 gasoline reached a low of 6.83 yuan per liter, the lowest in nearly four years [1]. - In November, the price trend reversed, with an initial increase of approximately 0.1 yuan per liter, bringing the average price of 92 gasoline back to 6.93 yuan per liter [1]. - As of November 22, the reference crude oil change rate was -1.27%, indicating a projected reduction of 50 yuan per ton for gasoline and diesel, equating to a decrease of 0.04 to 0.05 yuan per liter [1]. International Oil Price Trends - On November 21, international oil prices continued to decline, with WTI crude oil priced at $58.06 per barrel (down 1.59%) and Brent crude at $62.56 per barrel (down 1.29%) [2]. - The average price of WTI crude for the current cycle was $59.57 per barrel, while Brent averaged $63.79 per barrel, both showing a decrease of nearly $0.15 per barrel from the previous day [2]. - The anticipated price drop for the upcoming cycle is expected to increase by an additional 15 yuan per ton due to these international price changes [2].