August 25th, news
Recently, international crude oil prices have been rising continuously, and the prices of gasoline from Chinese independent refineries have also increased. As of August 24, 2026, the mainstream price range for 92# gasoline has reached 9,000-9,100 CNY per ton. The average difference data shows that the current gasoline prices are in a strong consolidation phase at high levels. Subsequently, it is necessary to closely monitor the trends in international crude oil prices and changes in China's supply and demand dynamics.
I. Table of Mean Difference Changes
| Average Difference Type | Today's Value (2026-08-24) | Yesterday's Value (2026-08-23) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 49.68 | 65.77 | - |
| 10-day Average Difference (D10) | 160.94 | 160.20 | + |
| 20-day Average Difference (D20) | 150.14 | 129.32 | + |
II. Signal Status Determination
The average difference change symbol combination is (－, ＋, ＋), which belongs to a strong consolidation (bullish) signal.
III. Conclusion on Trend Direction
Volatility (strong consolidation with a bullish bias). Reason: The 5-day moving average difference has decreased compared to yesterday, while the 10-day and 20-day moving average differences have risen compared to yesterday. The directions of change among these three moving averages are not entirely consistent, which is typical of a volatile market. Notably, the 10-day and 20-day moving average differences continue to rise, indicating strong mid-term price support. Overall, the market is characterized by high-level, strong consolidation with a bullish bias.
IV. Positional Spatial Reference
The price is at the 5th percentile (high level) in the 60-day and 3-month cycles, and at the 4th percentile (mid-to-high level) in the 1-year cycle. The high-level range suggests limited upside potential; if the price lacks new upward drivers going forward, it could face downward correction pressure. However, the current strong consolidation pattern indicates that there is still short-term support, and downside room remains temporarily constrained.
V. Trend Chart Display
Six, Supplementary Market Dynamics
Recently, international crude oil prices have continued to rise. On August 24, the settlement price for the October contract of U.S. WTI crude oil futures was reported at $87.06 per barrel, while the settlement price for the October contract of Brent crude oil futures was reported at $94.39 per barrel. Gasoline prices at independent refineries in Northeast and Northwest China have also risen in tandem. The mainstream price range for 92# gasoline has increased by 300-400 CNY per ton compared to August 20. Independent refinery units are operating steadily, and sales are proceeding normally.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
