Today is May 16, 2022. Attention drivers and car owners: Domestic oil prices are going to change, and the time is tonight! According to the provisions of the " Petroleum Price Management Measures ", at 24:00 today, May 16, gas stations across the country will modify the maximum retail prices of diesel and gasoline and the price of refined oil per ton in accordance with the requirements of the "Oil Price Adjustment Notice" issued by the National Development and Reform Commission for the ninth time this year. The price increased by more than 220 yuan, and the price of No. 92 and No. 95 gasoline per liter and the price of No. 0 diesel increased by 0.18 yuan to 0.21 yuan per liter. Filling up a car's fuel tank today can save about 10 yuan.
Domestic oil prices have risen for the eighth time this year!
Today is the ninth time this year to adjust the price of refined oil. Due to the strong performance of crude oil prices in the international market, the price adjustment reference indicator Brent crude oil price has stood at the level of 110 US dollars / barrel. According to the "same rise" as the price of crude oil, According to the domestic oil price adjustment principle of "lower", the prices of gasoline and diesel at gas stations across the country will usher in the eighth oil price increase this year tonight.
Youliao Finance found in the comment area that a car owner friend said that "the domestic oil price adjustment practice is to reduce the price once and increase the price ten times." The first 9 refined oil price adjustments this year resulted in "8 increases and 1 decrease". It is approaching this one and it makes car owners feel heartbroken. The goal.
has data on oil price analysis on May 16.
Monday, May 16, Beijing time, the national oil price will be adjusted today. Whether the international crude oil price rises or falls on Monday, it will not change the domestic oil price increase tonight, but it will affect the results of the 10th oil price adjustment of this year on May 30.
There are three main factors affecting the rise and fall of oil prices in May:
1. The situation in Russia and Ukraine and changes in Russian oil production.
Due to the impact of the situation in Ukraine, Russian oil exports have been restricted by the United States and the European Union. Wall Street investment bank analysts and the International Energy Agency believe that world oil supply has dropped by 3 million barrels per day.
Since OPEC+ has only increased crude oil supply by about 500,000 barrels per day in the past six months, leaving Russian oil will cause the world's oil supply to exceed demand. One of the basic principles of market economy is that when the supply of goods exceeds demand, prices will rise. Therefore, this incident became the main reason for the sharp rise in international crude oil prices.
This one is a positive factor that promotes the rise in oil prices, and the following one is a negative factor that inhibits the rise in oil prices.
2. US dollar interest rate hike and Fed reserve balance reduction.
The U.S. dollar significantly raised interest rates by 50 basis points in May. The Federal Reserve recently issued a statement indicating that the U.S. dollar will continue to raise interest rates in the future.
As the U.S. dollar raises interest rates, the U.S. dollar exchange rate continues to rise sharply. The U.S. dollar index rose to 105 points, setting a new high in the past 20 years!
Under the petrodollar mechanism, international oil prices are priced in US dollars, so a stronger US dollar exchange rate will have a negative effect on oil prices.
The Federal Reserve will begin shrinking its balance sheet in June, which will hit the high commodity market prices, including crude oil.
3. Global epidemic.
The continued spread of the epidemic will affect world economic growth and be negative for oil prices; conversely, if the epidemic is suppressed or even subsided, it will be a strong positive for oil prices.
It is expected that crude oil prices will fluctuate between US$100 and US$118 this week.
Before the national oil price adjustment today on May 16, the price information of No. 92, No. 95, No. 98 gasoline and No. 0 diesel oil released by gas stations in 31 provinces, autonomous regions and municipalities will be implemented until 24:00 tonight, starting from 0 tomorrow The new oil price after the price increase by the National Development and Reform Commission will be implemented from that time.
Today’s Sichuan oil price information: Today’s No. 92 gasoline price in Mianyang on May 16, 2022 is 8.55 yuan/liter, today’s Mianyang No. 95 gasoline price is 9.14 yuan/liter, and today’s Mianyang No. 0 diesel price is 8.19 yuan/liter. .
Today’s oil price information in Zhejiang: On May 16, 2022, the price limit of No. 92 gasoline in Hangzhou today is 8.43 yuan/liter, the price limit of No. 95 gasoline in Hangzhou today is 8.96 yuan/liter, and the price limit of No. 0 diesel oil in Hangzhou today is 8.13 yuan/liter. Lift.
Today’s Xinjiang oil price information: Today’s No. 92 gasoline price in Urumqi on May 16, 2022 is 8.39 yuan/liter, today’s Urumqi No. 95 gasoline price is 9.02 yuan/liter, and today’s Urumqi No. 0 diesel price is 8.04 yuan/liter.
Finance and Economics: National oil prices will be adjusted today on the evening of May 16. It is expected that the price of diesel and gasoline will increase by more than 220 yuan/ton (0.18 yuan/liter to 0.21 yuan/liter). The specific price adjustment results are subject to the National Development and Reform Commission's "Oil Price Adjustment Notice". , the next oil price adjustment will be carried out at 24:00 on May 30.
