At 0:00 on June 29, 2022, domestic refined oil prices finally saw a reduction. Specifically, the price of gasoline was reduced by 320 yuan per ton, and the price of diesel was reduced by 310 yuan per ton. Converted into liters, No. 92 gasoline will be reduced by approximately 0.25 yuan per liter; No. 95 gasoline will be reduced by approximately 0.27 yuan per liter; No. 0 diesel will be reduced by approximately 0.26 yuan per liter. Based on an average private car's 50-liter fuel tank capacity, it will cost about 12.5 yuan less to fill up a tank of No. 92 gasoline.
The price of domestic refined oil products has dropped this time, mainly due to the downward trend of international oil prices. The Federal Reserve has sharply raised interest rates , which has caused industry insiders to worry about the increased risk of a recession in the United States, which will in turn affect global energy demand and put pressure on international oil prices to fall. However, as OPEC+ members find it difficult to reach an agreement to increase production beyond expectations, and the situation between Russia and Ukraine shows no signs of easing, international oil prices may still face tremendous pressure to rise.
The UAE Energy Minister said that according to the agreement reached, the UAE has implemented a production quota of 3.168 million barrels per day, which is close to its maximum production capacity. Saudi Arabia and the United Arab Emirates are the only OPEC countries with idle production capacity. Saudi Arabia produces 10.5 million barrels of per day, and theoretically can increase production by 2 million barrels per day. The United Arab Emirates has a production capacity of 3.4 million barrels per day. It can be seen that the supply shortage situation is difficult to alleviate in the short term, and international oil prices are easy to rise but difficult to fall.
This oil price reduction is the second oil price reduction since 2022. After the reduction, the price of No. 95 gasoline in many places has returned to the "Nine Yuan Era". Let's take a look at the latest price situation of No. 92 gasoline in various places (only Reference):
No. 1: Hainan 92# gasoline price is 10.18 yuan/liter;
No. 2: Tibet 92# gasoline price is 9.94 yuan/liter;
No. 3: Yunnan 92# gasoline price is 9.22 yuan/liter;
No. 4th place: Guizhou 92# gasoline price is 9.21 yuan/liter;
5th place: Sichuan 92# gasoline price is 9.16 yuan/liter;
6th place: Guangxi 92# gasoline price is 9.13 yuan/liter;
7th place: Chongqing 92 #Gasoline price is 9.12 yuan/liter;
No. 8: Henan 92# Gasoline price is 9.09 yuan/liter;
No. 9: Hubei 92# Gasoline price is 9.09 yuan/liter;
No. 10: Guangdong 92# Gasoline price is 9.09 yuan /L;
No. 11: Beijing 92# gasoline price is 9.08 yuan/L;
No. 12: Gansu 92# gasoline price is 9.08 yuan/L;
No. 13: Tianjin 92# gasoline price is 9.07 yuan/L;
No. 14th place: Hebei 92# gasoline price is 9.07 yuan/liter;
15th place: Liaoning 92# gasoline price is 9.06 yuan/liter;
16th place: Shandong 92# gasoline price is 9.06 yuan/liter;
17th place: Jiangsu 92 #gasoline price 9.04 yuan/liter;
No. 18: Zhejiang 92# gasoline price 9.04 yuan/liter;
No. 19: Jilin 92# gasoline price 9.04 yuan/liter;
No. 20: Qinghai 92# gasoline price 9.04 yuan / liter;
No. 21: Heilongjiang 92# gasoline price 9.03 yuan / liter;
No. 22: Shanghai 92# gasoline price 9.03 yuan / liter;
No. 23: Fujian 92# gasoline price 9.03 yuan / liter;
No. 24th place: Jiangxi 92# gasoline price 9.02 yuan/liter;
25th place: Anhui 92# gasoline price 9.01 yuan/liter;
26th place: Hunan 92# gasoline price 9.01 yuan/liter;
27th place: Shanxi 92 #gasoline price 9.01 yuan/liter;
No. 28: Inner Mongolia 92# gasoline price 9.00 yuan/liter;
No. 29: Ningxia 92# gasoline price 8.96 yuan/liter;
No. 30: Shaanxi 92# gasoline price 8.94 yuan /L;
No. 31: Xinjiang 92# gasoline price is 8.78 yuan/L.
It can be seen from the data that Hainan oil prices still top the list, followed by Tibet, Yunnan, Sichuan, and Guizhou, while oil prices in Xinjiang, Shaanxi, Ningxia, Inner Mongolia and other places are relatively low.
