Today marks the second working day of the new round of oil price adjustments, with an expected increase of 285 yuan/tonne, which translates to an increase of 0.22 yuan/litre to 0.26 yuan/litre. Compared to yesterday, the expected decrease in oil prices has reduced by 5 yuan/tonne, far exceeding the threshold for an increase, indicating an imminent rise in oil prices.

Note that due to the significant surge in international oil prices on Thursday, this round of oil price adjustments started with a sharp increase. International oil prices closed slightly lower yesterday, and the expected increase in domestic oil prices has decreased by 5 yuan/tonne. It now depends on whether international oil prices will continue to rise when the market opens next week.

In terms of international oil prices, West Texas Intermediate (WTI) closed down by 0.06%, at 74.77 USD per barrel, while Brent crude closed down by 0.56%, at 78.69 USD per barrel.

The slight decline in international oil prices yesterday was mainly due to some investors withdrawing part of their funds to take profits in advance. However, the unstable situation in the Middle East continues to be a strong support for oil prices.

NS Trading President Hiroyuki Kikukawa analyzed, "The market is currently assessing the impact of hurricane damage on fuel demand in the United States, especially in a country like the U.S., which is the world's largest oil producer and consumer. Any change in demand will cause market fluctuations."

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Tom Kloza, the global energy analyst at Oil Price Information Service, stated that the market should not bet on supply disruptions in the Middle East. Given the current global oversupply of oil, crude oil prices are bound to fall.

Yesterday, the U.S. Bureau of Labor Statistics released the September Producer Price Index (PPI) annual rate, which recorded 1.8%, higher than the market's expected 1.6%, with the previous value revised up to 1.9%. This figure reflects ongoing inflationary pressures, suppressing U.S. Treasury yields and limiting the decline in oil prices yesterday.

In summary, the market is still watching the situation in the Middle East, and investors who need to should also pay appropriate attention to the developments there. Hopefully, oil prices will decrease next week.