Summary International: Negotiations on the Iranian nuclear issue are progressing slowly, and the market is still worried about tight supply. International oil prices have risen, but the increase in U.S. crude oil and refined oil inventories has restrained the gains. Domestic: Dom

summary

• international : Negotiations on the Iranian nuclear issue are progressing slowly, and the market is still worried about tight supply. International oil prices rose, but the growth in US crude oil and refined oil inventories restrained the gains.
• domestic : Domestic oil prices continued to fall today. On July 14, the second working day, it is predicted that the cumulative price will be reduced by 480 yuan/ton, which is converted to 0.37-0.42 yuan/liter !
• cloud fuel supply today's quotation :

Guangdong area National VI diesel oil 0# has a self-raised price of 8,320 yuan/ton, and the delivery price is 8,380 yuan/ton;

National VI gasoline 92# has a self-raised price of 8,900 yuan/ton, and the delivery price is 8,960 yuan/ton. Yuan/ton;

National VI gasoline 95# has a self-raised price of 9,200 yuan/ton and a delivery price of 9,260 yuan/ton.

Details

1. International: Crude oil market

The U.S. EIA inventory report is negative for oil prices , and total oil product inventories have increased for the eighth consecutive week.. Crude oil inventories increased by 3.25 million barrels, gasoline inventories increased by 5.82 million barrels, and total oil product inventories excluding SPR increased by 21.74 million barrels. U.S. crude oil production fell by 100,000 barrels a week to 12 million barrels per day. U.S. refined oil product demand fell across the board that week, with total demand falling by 1.74 million barrels per day.

Market forecast End of July Federal Reserve interest rate meeting Raise interest rates by 100BP to curb inflation . The U.S. dollar has continued to strengthen recently and the euro has continued to depreciate. The market's negative expectations for tightening and economic recession are stronger than in June. Some institutions predict that New York crude oil may fall below US$90 per barrel in the future.

China's crude oil shipments last month were the fewest in four years, with refineries running high on inventories and keeping operating rates low after anti-virus lockdowns curbed demand. According to data from the General Administration of Customs, China's import volume in June was 35.82 million tons, or 8.75 million barrels per day. This is the lowest value since June 2018.

As of press time on the morning of July 14, international crude oil prices had slightly increased. The price of crude oil futures in New York is US$96.426 per barrel, an increase of 0.13%; the price of Brent crude oil futures is US$99.755 per barrel, an increase of 0.19%.

2. Domestic: Refined Oil Market

According to the recent national macro data indicators for June, the logistics index, express delivery index, and purchasing managers index have all rebounded. The economic stimulus package is effective and gradually showing up, and there is no need for oil products in the future. Too pessimistic. Yesterday, the crude oil market was still bullish and fluctuated sharply, finally closing with a small gain. It is expected that today's diesel market may see prices stop falling and stabilize after experiencing good shipments for several consecutive days. gasoline prices will most likely continue to fall slightly.

Yesterday Shandong local refinery gasoline and diesel shipments were average. Diesel production and sales exceeded 100 for three consecutive days, while gasoline production and sales did not reach 100. The overall price of

can be referred to the following table:

On the retail side, on July 14, the second working day, the cumulative reduction is predicted to be 480 yuan/ton, which is converted to 0.37-0.42 yuan/liter! The next round of adjustment time for is: 24:00 on July 26, 2022.

3. Today’s refined oil wholesale guide price

• National VI diesel oil 0#: Guangdong region has raised the price 8320 yuan/ton, and the delivery price 8380 yuan/ton (CNOOC Lisha Warehouse, PetroChina Jianxing Warehouse).
• National VI gasoline 92#: The price in Guangdong has been raised by 8900 yuan/ton, and the delivery price is 8960 yuan/ton (CNOOC Shengyuan warehouse, PetroChina Jianxing warehouse), Hunan and Hubei (synchronized).
• National VI gasoline 95#: The price in Guangdong has been raised 9200 yuan/ton, and the delivery price 9260 yuan/ton (CNOOC Shengyuan warehouse, PetroChina Jianxing warehouse)
• Platform welfare policy : Cloud oil supply mid-year promotion activities are hot in progress. From now on, use Shenzhen Bank of Communications Bank-Enterprise Pay for your first payment, and you will get an immediate discount of 1,000 yuan for 10 tons of !