changes in oil prices will affect everyone's daily quality of life, so every oil price adjustment involves everyone's hearts. As of the data collected so far, the adjustment range of oil prices is still in the upward stage. Although the rate of crude oil change continues to decline, it is still necessary for crude oil price to experience a significant decline in to change the expected upward situation.
This week, the main gasoline price in East China fell slightly, and diesel prices were basically stable. Recently, concerns about economic outlook continued, with OPEChtml's February report lowering global demand growth expectations, and international oil prices fell for three consecutive days. During the week, the center of gravity of 92# gasoline trading in the East China market adjusted to around 8550-9050 yuan/ton, down 50 yuan/ton from last week; the center of gravity of diesel trading was adjusted to around 8770-8865 yuan/ton, basically the same as last week.
International oil prices rose for five consecutive times during the National Day holiday, and the demand for inventory replenishment in the middle and downstream after the holiday, gasoline prices rose slightly. However, with the recent decline in crude oil and the repeated outbreaks in some parts of the country, gasoline is under pressure. Diesel resources in East China are becoming tighter, and the current demand for diesel is relatively good, so diesel prices are mostly stable around the price limit. The main unit diesel still controls sales, and the overall trading volume is limited. Analysis of market influencing factors: Recently, concerns about economic outlook continue, OPEC's monthly report lowered global demand growth expectations, and international oil prices fell for three consecutive days. There are no equipment maintenance in the refinery in the area, and the supply of spot resources has stabilized.
Diesel demand in East China is still acceptable, gasoline demand is suppressed by the epidemic, and the current price is still in the high range, and some businesses are becoming cautious in purchasing. At the beginning of the month, most sales units in the district supported Poly, and the prices remained firm.
Based on the above factors, OPEC lowered its global demand growth forecast this year and next two years. The market's continued concerns about demand, the strengthening of the US dollar, and expectations of major central bank hikes further hikes in rate hikes pushed oil prices down. In terms of gasoline, the epidemic is currently frequent, and gasoline demand has not performed well during the National Day holiday. In terms of diesel, the overall diesel resources in the region are tight. In addition, the export volume of refined oil in the fourth quarter is relatively large, and the bottom support of diesel prices is strong. It is expected that the gasoline price of the main unit of East China will continue to decline in the short term, and the diesel price will remain firm.
Northwest main business has dropped and firewood has risen. Crude oil prices fell during the week, and the news was negative. The epidemic prevention and control situation in many places in the northwest is severe, gasoline shipments have decreased, gasoline storage is mainly accumulated in the main units, and prices have been steadily lowered. Due to the tight resource supply and low inventory pressure, diesel prices have mostly risen to the limit price. The demand for gasoline market is light, gasoline shipments in local refineries are average, and gasoline prices are falling and promotions are promoted. The Ningxia area has been restricted due to the impact of epidemic prevention and control, and diesel resources are still tight, and diesel prices have been boosted and slightly increased. Analysis of market influencing factors: The main refinery in the northwest region has maintained stable construction load, and there are no new maintenance plans in the near future; the maintenance of the Yulin refinery and some local refinery plants in Ningxia have been completed, and the shipment is normal, and the refinery inventory is low. The overall market trading atmosphere this week is average, sales in the middle and lower reaches are light, and refinery shipments are average.
Future market: International oil prices are expected to have downward space, weak economic and demand expectations bring pressure, but the new Western sanctions against Russia may bring certain bottom support. Refined oil field: Due to the decline in crude oil expectations next week, gasoline and diesel demand has no obvious positive support. It is expected that the price of gasoline and diesel units in the northwest will be mainly maintained next week. Due to the limited improvement in gasoline demand, the price of gasoline in local refineries in Northwest China may continue to decline, with a drop of 50-100 yuan/ton; diesel may rise steadily by 50-100 yuan/ton under the support of urgent demand.
Today is October 16th. Finally, let’s take a look at the national Sinopec , Sinopec gas stations No. 92, 95, and 98 gasoline prices and No. 0 diesel prices. The following is only to illustrate some major regions. Due to space limitations, please refer to the table below.
Today's oil price in Chongqing: Chongqing National VI 0# diesel price 7.93 yuan/liter; Chongqing National VI 92# gasoline price 8.25 yuan/liter; Chongqing National VI 95# gasoline price 8.71 yuan/liter.
Today's oil price in Heilongjiang: Harbin National VI 0# diesel priced at 7.65 yuan/liter; Harbin National VI E92# gasoline priced at 8.15 yuan/liter; Harbin National VI E95# gasoline priced at 8.73 yuan/liter.
National VI 0# diesel in Inner Mongolia region is priced at 7.73 yuan/liter; National VI 92# gasoline in Inner Mongolia region is priced at 8.12 yuan/liter; National VI 95# gasoline in Inner Mongolia region is priced at 8.67 yuan/liter.
National VI 0# diesel in Yunnan Province is priced at 7.93 yuan/liter; National VI 92# gasoline in Yunnan Province is priced at 8.34 yuan/liter; National VI 95# gasoline in Yunnan Province is priced at 8.95 yuan/liter. The prices above
are for reference only. The market price of oil prices fluctuates. For specific retail prices of different models of gasoline and diesel, please refer to the real-time quotation of local gas stations.
