From the first 8 working days provided by the Package Finance, the oil price monitoring data shows that the crude oil change rate is -3.12%, which continues to maintain a negative trend. However, compared with the previous few working days, the crude oil change rate is narrowing, mainly due to the rebound and rise of international oil prices. According to the current crude oil change rate and average oil price, the corresponding reduction range of domestic gasoline and diesel is 110 yuan/ton, No. 92 and No. 95 gasoline and No. 0 diesel are expected to be lowered by 0.08 yuan/liter. Car owners and others can save about 4 yuan of fuel expenses after the price of oil is lowered.
International oil prices rose sharply when the domestic refined oil window opened. Will it drive domestic oil prices to add another window of upward adjustment? Judging from the first 8 working days of oil price adjustment data statistics, the possibility of domestic oil prices rising is not high, and the data has not been updated in the last two working days. Referring to the adjustment range, as long as the average international oil price remains in the range of US$80 per barrel, the crude oil change rate will still maintain a negative trend, and domestic oil prices may open the downward window again. As for the final reduction, it is necessary to wait for the National Development and Reform Commission to announce it on October 10. Please stay tuned and I will continue to update.
OPEC+ meeting is approaching Wednesday. OPEC+ is considering cutting oil production by more than 1 million barrels per day when it meets this week to curb oil prices. The cut will be the biggest since the COVID-19 pandemic. Oil prices have fallen, but there is still a certain gap from the level of oil prices before the epidemic.
000000 drilling site in Daqing Oilfield Gubai Oil Level 1 test area taken in 2020. (Data photo)
domestic oil prices, good news was received on October 3. Daqing Oilfield has built the world's largest three-time oil production base. The annual output of the three-time oil production exceeded 10 million tons for 20 consecutive years. The cumulative oil production of Daqing Oilfield has exceeded 2.4 billion tons, accounting for about 40% of the total domestic crude oil production in the same period.
On October 3, the price of gasoline of 92 and 95 was adjusted, Sinopec : National VI 0# diesel 8500 yuan/ton, National VI E92# gasoline 9620 yuan/ton, National VI E95# gasoline 10200 yuan/ton; PetroChina: National VI 0# diesel 8500 yuan/ton, National VI E92# gasoline 9620 yuan/ton, National VI E95# gasoline 10200 yuan/ton;
National average price of gasoline 92 gasoline 8.24 yuan/liter, No. 95 gasoline 8.79 yuan/liter, and No. 0 diesel 7.86 yuan/liter. The remaining provinces and cities refer to the real-time oil price adjustment table of gasoline and diesel