summary: Today is the fourth working day of monitoring the price of refined oil. According to the current market conditions, some analysts said that the price of refined oil will be adjusted upward at 24:00 on July 9 with a high probability.
Refined oil price adjustment
| The latest news on refined oil prices
Oil prices are likely to increase
[China Petroleum Network] News: Domestic refined oil prices have experienced a total of 12 adjustments this year. As of the adjustment on June 25, oil prices have shown "seven increases and four decreases" A stranded” pattern. In the last adjustment of refined oil prices, the price of oil increased by 55 yuan/ton, which is equivalent to a price increase of 0.05 yuan per liter. It is 2 yuan cheaper for car owners to fill up a tank of oil. However, most netizens are complaining that if the oil price drops by 4 cents, it does not make much sense to pay 2 yuan less for a tank of oil. Sooner or later, there will be a drop of 4 cents and an increase of 4 cents. It seems that netizens are already mentally prepared.
The next round of price adjustment window will open at 24:00 on July 9. However, due to the impact of international oil prices, it is expected that the next round of oil price adjustment will most likely increase.
Today (June 29), U.S. WTI crude oil fell slightly by 0.35% to US$73.19 per barrel; Brent crude oil futures fell slightly by 0.14% to US$77.50 per barrel.
But this week, international oil prices have shown an overall upward trend. The average price of WTI this week was US$69.10 per barrel, an increase of US$3.28 per barrel compared with the previous week, an increase of 4.98%; the average price of Brent crude oil this week was US$75.45 per barrel, an increase of US$3.28 per barrel compared with the previous week. US$0.54 per barrel, an increase of 0.72%. Affected by this, the crude oil change rate extends towards the range.
According to Jin Lianchuang's calculations, as of June 28, the third working day, the average price of reference crude oil varieties was US$73.37 per barrel, with a change rate of 2.10%, corresponding to an increase in gasoline and diesel prices of 120 yuan per ton.
|International oil prices will continue to rise
International oil prices will rise
The U.S. Energy Information Administration (EIA) released U.S. crude oil inventory data on Wednesday. Both EIA inventories and API inventories plummeted by more than 9 million barrels, exceeding market expectations. Coupled with the recent uncertainty in Libyan crude oil exports, tight crude oil supply in Venezuela, failures in Canadian oil sands facilities, interruptions in crude oil exports, and U.S. sanctions on Iran , a surge in international oil prices is expected. things. Many professional institutions predict that crude oil prices will rise to the US$80 mark soon. At that time, it was difficult for domestic refined oil prices not to be affected.
Generally speaking, the editor of China Petroleum Network believes that the market is likely to have tight crude oil supply, and it is only a matter of time before the international oil price rises to 80 US dollars. The next round of domestic refined oil price adjustment will also be affected by this and is likely to increase.
(Copyright statement: This article was compiled by Liu Lan of China Petroleum Network. Please obtain authorization before reprinting. Please indicate the source and author after reprinting!)
