summary: Tonight at 24:00, the refined oil price adjustment window will open. It is predicted that the oil price will increase by 75 yuan/ton, and it will cost 3 yuan more to fill a tank of oil.
| The price of refined oil will increase by 75 yuan/ton
The price of refined oil will increase by 75 yuan/ton
[China Petroleum Network] News: At 24:00 tonight, the price adjustment window for refined oil will open. In 2018, refined oil products experienced a total of 14 price adjustments, forming a pattern of "eight prices rose, six fell, and one was stranded." The price of gasoline has been increased by 755 yuan per ton, and the price of diesel has been increased by 725 yuan per ton. If the reduction due to the adjustment of the value-added tax rate on May 1 is included, the gasoline price will increase by a total of 680 yuan/ton, and the diesel price will increase by a total of 660 yuan/ton. According to estimates, refined oil prices will soon form a situation of "nine increases, six decreases, and one stranded."
Longzhong Information estimates that oil prices will increase by 65 yuan/ton tonight; Zhuochuang Information predicts an increase of 75 yuan/ton. The equivalent price increase is expected to be 0.06 yuan per liter for No. 92 gasoline, and filling a tank of gas will cost an additional 3 yuan.
| International oil prices
International oil prices
International oil prices are mainly affected by tensions between the United States and Iran. Today, the United States imposed the first round of financial sanctions on Iran , and sanctions on Iranian crude oil will also come on November 4. Iran has threatened to block the Strait of Hormuz if the United States zeroes out Iran's crude oil exports. Once the strait is blocked, crude oil exports from Iran and surrounding countries will be suspended, and global crude oil supply will also be significantly reduced. Iran conducted military exercises in the Persian Gulf in the Strait of Hormuz two days ago. The Iranian spokesperson claimed that the military exercises were to ensure the security of the strait. In fact, they demonstrated the country's determination to block the Strait of Hormuz. and ability.
Affected by this, oil prices rose. Some experts predict that if Iran really blocks the Strait, oil prices are likely to rise to US$250 per barrel. Once oil prices rise above $100 per barrel, the United States will fall into a serious economic crisis.
Currently, the price of WTI crude oil is up 0.55%, reported at US$68.87; Brent crude oil is up 0.48%, reported at US$73.07.
|The wholesale and retail price difference of domestic refined oil products has narrowed.
The wholesale and retail price difference of domestic refined oil products has narrowed.
Since this pricing cycle, international crude oil futures have fluctuated and risen, the domestic crude oil change rate has grown in the positive range, and there is a strong expectation that the price limit of refined oil will increase, which is good for the market. The wholesale prices of refined oil products from major domestic sales units and local refineries in Shandong have shown strong trends, so the wholesale-retail price gap between major domestic sales units has narrowed this cycle.
According to Zhuochuang Information monitoring data, as of August 6, in terms of gasoline profits, the theoretical profit of 92# gasoline of the "Three Barrels of Oil" sales company was 1,289 yuan/ton, and the theoretical profit of 92# gasoline of the local refinery was 1,828 yuan/ton. . In terms of diesel profits, the theoretical profit of 0# diesel of the "Three Barrel Oil" sales company is 930 yuan/ton, and the theoretical profit of 0# diesel of the local refinery is 1,384 yuan/ton. Analyst Zhang Zhaoxin believes that given the small increase in retail price limit, it is expected that the wholesale and retail price gap of refined oil products at domestic main and local refineries may continue to narrow next week.
While there is still time, car owners can go to the gas station after get off work to fill up their gas tanks to avoid price increases tomorrow.
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