The domestic refined oil price adjustment window will open at 24:00 on November 10th. The retail price of refined oil in this round is about to increase. In 2025, the retail price of refined oil has experienced six upward adjustments, nine downward adjustments, and six stranded adjustments. During this cycle, the crude oil market has fluctuated widely, and the crude oil change rate has remained positive. The retail price adjustment of refined oil in 2025 will encounter the "seventh" upward adjustment.
The retail price of refined oil is about to increase in this round, and the change rate of crude oil remains positive, indicating tight spot supply or strong demand, directly driving up gasoline spot prices. The upward adjustment policy has been clarified, coupled with the background of multiple price adjustments in 2025, market confidence has increased, which is favorable for the gasoline spot market. It is expected that prices will significantly rise in the short term.
The window for retail price increase of refined oil products has opened, and the crude oil market has fluctuated widely but with a positive rate of change, providing strong support for diesel spot prices. This upward adjustment is the seventh increase in 2025, indicating industry cost pressure or increased demand. The spot price of diesel will be directly boosted, which is beneficial for the balance of market supply and demand, and there is a significant upward trend in prices in the short term.
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