Today's domestic oil price adjustment latest news: Diesel, No. 92, No. 95 and No. 98 gasoline prices on gasoline in gas stations across the country on October 16, 2022, are falling, and domestic oil prices may rise.
During the National Day holiday, international oil prices rose sharply by 15.6%. In the first trading week after the holiday, international oil prices fell sharply, and domestic oil price adjustment reference indicator Brent crude oil price hit a new low in October. The new round of domestic oil price adjustment time is determined to be October 24. It is expected that domestic oil prices may be raised by about 250 yuan/ton, with an average increase of per liter of diesel and gasoline per liter of to to 0.23 yuan.
Author: Xiaotian [Youliao Finance]
International crude oil market trend this week.
The first crude oil trading week in the fourth quarter of this year ended, with international oil prices falling sharply. Brent crude oil prices fell below the integer mark of $92 per barrel after "one rise and four falls". Oil prices fell by 6.60% in one week, and oil prices hit a new low in the past month.
U.S. crude oil futures prices performed even weaker, with oil prices falling 7.65% this week.
Due to the suspension of the National Day holiday, the domestic oil price of opened high and closed low this week. The price of Shanghai International Energy Trading Center domestic crude oil futures contract rose by 6.98%; the price of fuel futures contract fell by 3.67%.
Although international oil prices have fallen to a new low in the past week in the past month, according to the provisions of the " oil price management Measures " implemented in January 2016, when the National Development and Reform Commission adjusts domestic refined oil prices, it no longer looks at the latest oil prices on the day of price adjustment as before, but observes the average rise and fall of the crude oil price in the international market for 10 working days.
The international oil price has increased by 6.88% in the past two weeks. The corresponding direction of domestic oil price adjustment is the increase in oil prices, with the increase in refined oil per ton of about 250 yuan. Youliao Finance converted into the retail oil price of gas stations familiar to car owners, and the price of diesel and gasoline per liter has increased by about 20 cents.
October 16, 2022Youliao Finance’s oil price analysis.
The first trading week after the National Day made crude oil investors feel like they were on a roller coaster. On Monday, almost all domestic crude oil futures and fuel futures contracts price hit the daily limit, which also led to a sharp rise in prices of chemical products such as petroleum asphalt, PTA, and PVC. However, the subsequent oil prices did not continue the upward momentum, and the energy prices fell sharply across the board. The weekly K-line of domestic crude oil futures contracts closed a big negative line that rose.
Youliao Finance believes that the biggest positive factor for oil prices is that starting next month, OPEC+ major oil-producing countries will significantly reduce oil production by 2 million barrels per day.
Oil price negative factor is that the US CPI consumer price index in September, which reflects the inflation rate, rose by 8.2%, exacerbating the possibility of the Federal Reserve hike rate . Wall Street Investment Bank analysts expect the next US dollar hike rate will continue to reach 75 basis points, which is negative for the price of international commodities hike, including crude oil, and the performance of global stock markets.
Youliao Finance believes that international oil prices are affected by the above two important factors, and are fluctuating violently, but will not form a unilateral market trend. It is expected that the oil price will fall next week is more likely. Brent crude oil price fluctuation range: upward resistance at US$100; downward support at US$90 and US$85.
or above is the latest domestic oil price adjustment. The diesel and gasoline price information of gas stations in various places on October 16 today is for reference only by car owners.
Welcome to follow Youliao Finance to grasp the latest domestic oil price adjustment news and exclusive oil price analysis every day.
Today's oil price in Heilongjiang: On October 16, 2022, Harbin No. 92 gasoline price today is 8.15 yuan/liter, Harbin No. 95 gasoline price today is 8.73 yuan/liter, and Harbin No. 0 diesel price today is 7.65 yuan/liter.
Today's oil price in Hunan: On October 16, 2022, the price of No. 92 gasoline in Changsha is 8.13 yuan/liter, the price of No. 95 gasoline in Changsha is 8.65 yuan/liter, and the price of No. 0 diesel in Changsha is 7.93 yuan/liter.
Youliao Finance: International oil prices have fallen sharply in the past week, and Brent crude oil futures price hit a new low in the past month. On October 24, domestic oil prices may rise by 0.19 yuan/liter to 0.23 yuan/liter. The prices of No. 95 gasoline in Guangdong, Sichuan, Guangxi, Guizhou, Yunnan and other regions with higher domestic gasoline prices have returned to the 9 yuan era.
