A new round of price adjustment window for domestic refined oil products will open at 24:00 on October 29. Many agencies predict that oil prices may rise in this round. The current pricing cycle is from 24:00 on October 15 to 24:00 on October 29, 2026. Liu Bingjuan, an analyst at Longzhong Information, said that the recent overall situation in the Middle East is tense, the US-Iran game is at an impasse, the Houthis have attacked Saudi Arabia, and the geographical risks are difficult to resolve in the short term, providing strong bottom support for oil prices. Liu Bingjuan pointed out that international crude oil maintained a high level of operation, and Brent remained stable in the high range of 100 US dollars/barrel or more. Affected by this, the domestic crude oil change rate corresponding to the current pricing cycle continues to expand positively, and the corresponding increase continues to expand. Xu Peng, an analyst at Jin Lianchuang, also believes that in the current refined oil pricing cycle, international crude oil continues to strengthen, driven by geographical risks in the Middle East, the rate of change in crude oil is developing positively, and the expected increase in domestic refined oil products continues to expand. Since this year, domestic oil prices have gone through 20 rounds of price adjustments. The overall pattern is “13 rises, 5 falls, 2 stranded.” If the current round of price adjustments rises as expected, the 2026 price adjustment market will become “14 increases, 5 falls, 2 stranded.”

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