Oil Prices Set for Adjustment at 24:00 on October 15, Potentially a Significant Shift

Deep News

49 mins ago

Under the refined oil pricing mechanism, the next oil price adjustment is scheduled for 24:00 on October 15 (next Thursday).

This round of oil price movements has been volatile, with international oil prices plunging more than 4% on Thursday. Although international crude oil rebounded slightly on the 9th, current conditions still point to a downward adjustment in this cycle.

Current oil price forecast: As of October 10, the 6th statistical day of the cycle, gasoline and diesel prices are expected to be cut by 225 yuan/ton and 215 yuan/ton respectively. Converted to retail prices, 92-octane gasoline is expected to drop by 0.18 yuan/liter, 95-octane gasoline by 0.19 yuan/liter, and 0-diesel by 0.19 yuan/liter. The estimated reduction currently exceeds 0.15 yuan/liter, making a cut highly likely in this round and potentially ending the previous three consecutive increases.

At present, the national average reference fuel prices are: 92-octane gasoline at 8.59 yuan/liter, 95-octane gasoline at 9.17 yuan/liter, and 0-diesel at 8.27 yuan/liter.

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Although international crude oil rebounded slightly on the 9th, current conditions still point to a downward adjustment in this cycle.<br><br>Current oil price forecast: As of October 10, the 6th statistical day of the cycle, gasoline and diesel prices are expected to be cut by 225 yuan/ton and 215 yuan/ton respectively. Converted to retail prices, 92-octane gasoline is expected to drop by 0.18 yuan/liter, 95-octane gasoline by 0.19 yuan/liter, and 0-diesel by 0.19 yuan/liter. 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