The hard-earned readers expressed concern about the economy, the timely availability of the latest information on oil price adjustments and the availability of specialized oil price analyses, and the rejection of bias and misperceptions about domestic oil price adjustment rules and the rise and fall in oil prices。
As a result of the sharp fall in oil prices in the early part of october, even after last week's surge in international oil prices, the average price of crude oil in the tri-fields of the current round of price adjustments for finished products continued to show a sharp decline. The adjustment of domestic oil prices to international oil prices is expected to lead to a sharp drop in domestic oil prices, which, according to today's analysis of oil prices, is back to the six-dollar era。
Analysis of financial and economic oil prices: reasons for the decline in international financial market performance and domestic oil prices
The international crude oil market was characterized by a bear market in october 2025, with international oil prices falling for three consecutive weeks and three consecutive months, and more than 10 per cent at the beginning of the year。
The downward trend in oil prices is seen as closely linked to the global economic environment。
First, the opec+ oil-producing countries announced an increase in crude oil production for six months in a row, under pressure from reduced crude oil export revenues。
Second, the manufacturing pmi data for european economies continued to weaken, and the october report of the german institute for economic research of the ifo shows that energy demand in the euro area contracted by 3. 1 per cent over the same period。
Thirdly, the latest oil price analysis reports by wall street international financial institutions, such as goldman sachs and morgan stanley, have been revised downwards to target international oil prices, further reinforcing the expectation of air prices。
The crude oil market outlook issued by the goldman sachs group reduced the brent oil price target by $5 per barrel in the fourth quarter of 2025, mainly because of “the excess supply of non-opec+ oil producing countries and the slow recovery of asian economies”。
The morgan stanley report noted the fall in geopolitical risk premiums and the easing of supply disruptions in the middle east region, which accelerated the oil price reversal。
Together, a series of oil prices led to a sharp fall in international oil prices, laying the foundation for a downward adjustment in domestic oil prices on 27 october。
When the price of brent crude oil futures fell to a low of nearly $60 per barrel for almost five months, the downward adjustment in domestic oil prices was increased to $345 per ton, the second largest decline in oil prices during the year。
Although international oil prices rebounded at the date of the four subsequent crude oil deals, with a strong rebound, from $60 to $67, and domestic oil prices shrunk to less than $300, it was not possible to reverse the 27 october downwards in domestic oil prices。
The price of diesel fuel no. 0, the price of petrol no. 92 and the price of petrol no. 95 decreased by approximately $0. 23 to $0. 25 per litre。
Gas station update on oil prices
On 27 october 2025, the highest retail price table for diesel gasoline in the 31 prefectures and municipalities was adjusted for domestic oil prices, and the price of diesel and gasoline nos. 98, 95 and 92 at the various stations was for information purposes only。
Oil prices in hebei province: today on qin emperor island 98, 8. 26; today on ishibajia 95, 7. 04; today on petrol 92, 7. 44; today on diesel 0, 6. 69。
Oil prices in jiangxi province: today, today, 9. 03 petrol 98 of the nine rivers; today, today, 7. 02 petrol 95 of the sms; today, 7. 53 petrol 7 of the south chang92; and today, 6. 74 diesel fuel 0 of the town of cinde。
