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In the past decade, international oil prices have been cut, but domestic oil prices have risen. Why?

In the past decade, international oil prices have been cut, but domestic oil prices have risen. Why?

(Summary description) In these days, a screenshot of the ridicule of domestic refined oil prices has spread widely in the circle of friends:

In the past decade, international oil prices have been cut, but domestic oil prices have risen. Why?

(Summary description) In these days, a screenshot of the ridicule of domestic refined oil prices has spread widely in the circle of friends:

Information

  In these days, a screenshot of the ridicule of domestic refined oil prices has spread widely in the circle of friends:

 

  "Ten years ago, on March 20, 2008, the international crude oil price was 147 US dollars per barrel and the domestic oil price was 6.3 yuan. Ten years later, on May 26, 2018, the international crude oil price was 75.56 US dollars per barrel and the domestic oil price was 7.4 yuan .It may be expensive. "

 

 

 

  In fact, since the international oil price plummeted in the second half of 2014, similar paragraphs have emerged endlessly. From a purely numerical perspective, today's international oil prices are indeed lower than a decade ago, and domestic refined oil prices are indeed higher than a decade ago. But China's refined oil pricing mechanism is not as simple as many people think, especially when the consumption tax on refined oil has risen nearly 7 times, it is not reasonable to simply compare the figures. To discuss the comparison between 2008 and today's oil prices, the following factors need to be considered:

 

  Oil upgrade

 

  In 2008, private cars drank the gasoline of the national standard three, and ten years later, it is the gasoline of the national standard five. The "2 + 26" cities including Beijing, Tianjin and Hebei have upgraded to the national standard six in advance. . As oil products upgrade, prices naturally rise. According to the statistics of Zhuochuang Information, market autos and diesels have been upgraded to 290 yuan and 370 yuan per ton from the national three to the national four; the price increase standards from the national four to the national five are 170 yuan per ton and 160 yuan. That is: the total price of gasoline increased by 460 yuan / ton, equivalent to 92 yuan price increase to 0.36 yuan.

 

Refined oil consumption tax has risen nearly 7 times

 

  Refined oil consumption tax refers to the taxes and fees paid by consumers when consuming refined oil. It is paid by the main units such as refineries during the initial stages of production, commission processing, and import. The collection targets include gasoline, diesel, and fuel oil. , Belongs to the central tax. China began to levy a consumption tax on gasoline in 1994. In 2008, the domestic gasoline consumption tax was only 0.2 yuan / liter.

 

From the end of 2014 to the beginning of 2015, the domestic refined oil consumption tax ushered in three increases within 45 days. At that time, the Ministry of Finance stated that China ’s consumption tax was not generally levied, and was only levied on “some consumer products with high energy consumption, high pollution, and high consumption characteristics.” Excessive consumption of energy is a relatively common practice in the world. "As for the timing of choosing to raise the tax rate, the Ministry of Finance explained that" choose to implement when the price of oil goes down. Synchronization, taking into account the needs of macro-control and social affordability. "

 

  After three increases, the gasoline consumption tax is 1.52 yuan / liter, which has remained so far.

 

  In addition to consumption tax, Chinese consumers also need to pay value-added tax and urban construction tax when purchasing refined oil. A rough estimate is that the tax cost of the circulation link accounts for about 40% of the entire refined oil price.

 

  "At present, domestic refined oil includes 1.52 yuan / liter of consumption tax, 16% value-added tax, and 12% of other taxes and fees. Due to different oil prices in different regions of the country, the proportion of taxes and fees also varies." Xu Na told Peng Mei News (www.thepaper.cn) that taking Guangzhou as an example, the current price of Guangzhou No. 92 gasoline is 7.44 yuan / liter, which includes a consumption tax of 1.52 yuan / liter, a value-added tax of 1.03 yuan / liter, and 0.31. Other taxes and fees. Therefore, in a comprehensive view, the price increase of Guangzhou 92 gasoline includes a tax of 2.86 yuan, and the proportion of taxes and fees is 38.4%.

 

  In addition, the level of tax burden on refined oil products in different countries in the world is not horizontally comparable, because the tax burden is related to the policies, oil production capacity, per capita income level, and social welfare of each country.

 

  Changes in refined oil pricing mechanism

 

  Ten years ago, there was no price adjustment cycle for domestic refined oil, and it was not closely related to international oil prices.

 

  The current refined oil price mechanism stipulates that gasoline and diesel prices are adjusted every 10 working days according to changes in crude oil prices on the international market, and the price adjustment takes effect at 24:00 on the date of the price adjustment. As long as the international oil price is between the "floor price" of $ 40 / barrel and the "ceiling price" of $ 130 / barrel, the rate of change corresponding to the gasoline and diesel adjustment range exceeds 50 yuan. When the price adjustment range is lower than 50 yuan per ton, no adjustment is made and it is included in the next price adjustment and accumulated or offset.

 

  Because of this, after the international crude oil price soared sharply in 2008, hitting an all-time high of 147 US dollars per barrel, domestic refined oil prices have not risen with the surge in international oil prices. For the stable operation of the domestic economy, the domestic "two barrels of oil" did "pay" for high oil prices.

 

  At the beginning of 2015, the Internet also widely circulated a paragraph about oil prices: "Today (March 20) is a special day. Seven years ago, in 2008 today, international crude oil was 147 US dollars per barrel, and China's oil price was 6.3 per liter. Today in 2015, the international crude oil price was 43 US dollars per barrel, and China's oil price is still 6.3 yuan per liter. Is the oil price going up or down? "Just a few words have caused countless chatter and controversy.

 

  In response, Sinopec claimed to be the “bigger injustice” on its official Weibo: “Today (referring to March 21, 2015), international crude oil is $ 43 per barrel, the EU is about 9.1 yuan per litre, and China is 6.3 yuan per litre. Today in 2008, due to China ’s economic situation and pressure from various parties, the price adjustment of domestic refined oil products has been reduced. International crude oil is 147 US dollars per barrel, the EU is about 14.8 yuan per liter, and China is only 6.3 yuan per liter. Who is the 'big head', You know. "(From International Petroleum Network)

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