Please remind each other that oil prices will be significantly reduced starting next Monday (24:00 on December 5). According to the crude oil change rate data on the sixth working day (November 28) of the new oil price adjustment cycle, the cumulative reduction is predicted to be 420 yuan/ton, which is calculated as a price reduction of 0.31-0.37 yuan/liter. This will be the "23rd round" adjustment of domestic refined oil retail prices this year.
Please remind each other that oil prices will be significantly reduced starting next Monday (24:00 on December 5). According to the crude oil change rate data on the sixth working day (November 28) of the new oil price adjustment cycle, the cumulative reduction is predicted to be 420 yuan/ton, which is calculated as a price reduction of 0.31-0.37 yuan/liter. This will be the "23rd round" adjustment of domestic refined oil retail prices this year.
This is the oil price of gas stations in cities across the country after the latest price adjustment:
Fujian
Region
92 gasoline
95 gasoline
98 gasoline
.32 8.86
9.84
8.05
shanghai 8.28
8.81
9.81
.98Jiangsu
0 8.29
8.82
9.70
.96Tianjin
8.32
8.79
00.07 8.01
8.8 5
9.97
8.06
Jiangxi
8.28
8.89
00.39 8.05
8.30
8.85
9.64
.90Anhui 8.27
8.84
9.67
8.04
Inner Mongolia 8.25
8.81
9.67
.878.28
8.84
9.68
.999.90htt ml2
.88gansu 8.32
8.89
9.46
.90Qinghai
8.28
8.88
9.67
.92Guangdong
8.34
9.04
00.18 8.01
8.01
Shandong
8.30
8.91
9.63
8.00 Guangxi
8.38
9.05
00.15 8.06
8.26
8.92
9.62
8.07
Guizhou
8.45
8.93
9.83
8.10
8.10
Shaanxi
8.20
8.66
9.68
.89Hainan
9.43
00.02 1.36 8.09
8.41
8.99
9.77
8.04
Hebei
8.32
8.79
9.62
8.01
9.19
9.72
00.84 8.53
1 1000.84 8.53
1 Henan 8.33
8.90
9.55
.99x xtml10 8.04
8.64
-
.73Heilongjiang
1
8.36
8.92
00.12
.85Jilin
8.28
8.94
9.74
.91Yunnan
html ml18.47 9.09
9.77
8.07
Hubei
8.33
8.92
9.91
.99Zhejiang
8.29
8.82
9.66
.98lm2m11lm12lm2m11lm11lm12 Hunan
8.27
8.79
9.59
8.07
Look at the international oil price again. Today, the international oil price rose by nearly 4% to the 10-day moving average of US$79.56 per barrel.
On the one hand, rumors that officials OPEC+ will hold this weekend may reduce production and continue to support oil prices. On the other hand, Asian stocks rebounded across the board, improving risk appetite and providing rising momentum for commodities such as crude oil.
Overall, before the OPEC+ meeting, oil prices still have momentum to rise. The next oil price trend will focus on news related to NATO Foreign Ministers' Meeting, geopolitical situation and Asian epidemic. We also need to pay attention to the speeches of Bank of England officials and Germany's November CPI data this trading day.
From a technical perspective, oil price fluctuated and fell; the oil price bottomed out and rebounded on the previous trading day, recording a K-line close to the cross star. If the positive line is recorded on this trading day, it will form a bottom signal K-line combination of "Hope Star". KDJ has a preliminary golden cross at a low level. Oil prices are expected to fluctuate and rise in the future. The initial resistance is near the 80 integer mark. The downward trend line since 93.72 and the high point last Friday are also near this position. If the closing is above this position, a bullish signal will be added in the future; further resistance refers to the resistance near the high point of 82.62 on November 18, and the 21-day moving average resistance is around 84.14.
Given that the MACD dead cross signal is still there and oil prices are still suppressed by the downward trend line, before crossing the 80 integer mark, it is still necessary to be wary of the possibility of further fluctuation and decline of oil prices. The initial support is around the 5-day moving average of 77.33, the September low support is around 76.23, and the November 21 low support is around 75.27. If it falls below this position again, a short-term bearish signal will be added. The week's low was supported around 73.58, and the December 27 low was supported around 72.57.On the one hand, rumors that officials OPEC+ will hold this weekend may reduce production and continue to support oil prices. On the other hand, Asian stocks rebounded across the board, improving risk appetite and providing rising momentum for commodities such as crude oil.
Overall, before the OPEC+ meeting, oil prices still have momentum to rise. The next oil price trend will focus on news related to NATO Foreign Ministers' Meeting, geopolitical situation and Asian epidemic. We also need to pay attention to the speeches of Bank of England officials and Germany's November CPI data this trading day.
From a technical perspective, oil price fluctuated and fell; the oil price bottomed out and rebounded on the previous trading day, recording a K-line close to the cross star. If the positive line is recorded on this trading day, it will form a bottom signal K-line combination of "Hope Star". KDJ has a preliminary golden cross at a low level. Oil prices are expected to fluctuate and rise in the future. The initial resistance is near the 80 integer mark. The downward trend line since 93.72 and the high point last Friday are also near this position. If the closing is above this position, a bullish signal will be added in the future; further resistance refers to the resistance near the high point of 82.62 on November 18, and the 21-day moving average resistance is around 84.14.
Given that the MACD dead cross signal is still there and oil prices are still suppressed by the downward trend line, before crossing the 80 integer mark, it is still necessary to be wary of the possibility of further fluctuation and decline of oil prices. The initial support is around the 5-day moving average of 77.33, the September low support is around 76.23, and the November 21 low support is around 75.27. If it falls below this position again, a short-term bearish signal will be added. The week's low was supported around 73.58, and the December 27 low was supported around 72.57.