good news! Oil prices have "sharply declined". On November 21, refined oil will usher in its 8th lowering
Today is Friday, November 18, the last working day of this week. Good news came again in oil prices. Oil prices "sharply declined", U.S. crude oil fell to US$83.58 per barrel, and the crude oil change rate was negatively widened to -1.64%. Domestic refined oil will be lowered in the next round.
The latest monitoring data on crude oil price change rate in three places provided by Yipeng Finance shows that the crude oil change rate on November 18 was -1.64%. The average price of international oil seeds was US$87.25 per barrel. It has recently broken through the US$90 mark for the first time and returned to the US$80 per barrel range. It is expected to be lowered by 90 yuan in domestic gasoline and diesel, which is reduced by 0.07 yuan per liter of gasoline and diesel. There is still the last working day. The crude oil change rate has not been updated and will be updated on time at 12 o'clock next Monday night. Please stay tuned.
started in mid-October. Since November, international oil prices have soared due to the implementation of the November production cut agreement by OPEC +, resulting in the surge in international oil prices. US crude oil once maintained a high of US$90/barrel mark. The direct impact is that the first two rounds of refined oil adjustments have opened up windows of upward adjustments. No. 0 diesel rose from the average price of 7 yuan to the 8 yuan range, and No. 95 gasoline rose from the 8 yuan range to the 9 yuan range. Fortunately, the production cuts implemented by OPEC+ in November were not as expected. At the same time, the United States has continuously released crude oil in stock. In addition, Russian crude oil was transported to Europe and the United States through Turkey . Under its influence, international oil prices fell continuously this week, and the previous working day saw a sharp drop.
international oil prices, United Petroleum Database JODI: Saudi Arabia's crude oil export volume increased by 120,000 barrels per day to 7.72 million barrels per day. On November 18, the decline expanded and the downward trend was significant. US crude oil hit a low since October 25 to US$83.83/barrel, and is now at US$84.04/barrel, a day-to-day decline of 1.47%; Brent crude oil fell 1.61%, the latest at US$90.14/barrel, down US$1.04; international oil prices fell sharply, creating the necessary conditions for the adjustment and reduction of domestic refined oil prices on November 21.
domestic oil price adjustment situation. On November 18, there was only one working day left before the 22 rounds of domestic refined oil price adjustment window. Currently, from the forecast of international oil price trends, the domestic oil price adjustment will be lowered at 12 o'clock next Monday night. The specific adjustment amount shall be subject to the announcement of the National Development and Reform Commission. The following shows the oil prices after adjustment of No. 92 gasoline, No. 95 gasoline and No. 0 diesel in some areas of China. The remaining domestic gas stations refer to the latest price list of gasoline and diesel.
Guangxi Region: Today's gasoline price of No. 92 is 8.52 yuan/liter, Guangxi No. 95 gasoline price is 9.20 yuan/liter, Guangxi No. 0 diesel price is 8.20 yuan/liter; html l5
Hunan Region: Today's gasoline price of No. 92 is 8.41 yuan/liter, Hunan No. 95 gasoline price is 8.93 yuan/liter, Hunan No. 0 diesel price is 8.21 yuan/liter;
Hebei Region: Today's gasoline price of No. 92 is 8.46 yuan/liter, Hebei No. 95 is 8.94 yuan/liter, Hebei No. 0 diesel price of No. 0 is 8.15 yuan/liter;
Shaanxi area: Today's price of gasoline of No. 92 is 8.34 yuan/liter, Shaanxi No. 95 gasoline of No. 95 is 8.81 yuan/liter, Shaanxi No. 0 diesel is 8.03 yuan/liter.
What do you think about the domestic oil price being lowered again?
