The adjustment of domestic refined oil prices next Tuesday or the second "stranded" in the year
- Categories:Industry Information
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- Time of issue:2019-07-22
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(Summary description)The new round of adjustment of domestic refined oil prices may be the second "stranded" during the year.
The adjustment of domestic refined oil prices next Tuesday or the second "stranded" in the year
(Summary description)The new round of adjustment of domestic refined oil prices may be the second "stranded" during the year.
- Categories:Industry Information
- Author:
- Origin:
- Time of issue:2019-07-22
- Views:3
The new round of adjustment of domestic refined oil prices may be the second "stranded" during the year.
July 19 is the eighth working day of this round of gasoline and diesel price adjustment cycle. The rate of change in crude oil measured by Jinlianchuang is 1.18%, and the corresponding gasoline and diesel prices are increased by 40 yuan / ton.
Jin Yang, a product analyst at Jinlianchuang, told the interface news reporter that according to the Jinlianchuang monitoring model, there is a high probability that the current round of domestic refined oil price adjustments will be stranded. Unless the international oil prices continue to rise in the next two working days, the retail price of refined oils can be expected Adjust online.
According to data calculated by Longzhong Information, as of July 18, the reference crude oil change rate was 1.29%, corresponding to an increase of 50 yuan / ton.
According to the current domestic refined oil pricing mechanism, when the increase or decrease is less than 50 yuan / ton, the domestic refined oil price limit will not be adjusted.
Long Yan Information crude oil analyst Li Yan told the interface reporter that the current price adjustment range is just at the price adjustment boundary. "It is expected that the corresponding increase in the refined oil price on the day of the price adjustment on July 23 will be 20 yuan / ton, which will usher in the second stranding during the year." Li Yan said.
Since the current round of pricing, due to various factors, international oil prices have risen first and then fallen. In the early stage, the Gulf of Mexico storm cuts U.S. offshore crude oil production, coupled with the continuous decline in U.S. crude oil inventories, and international oil prices skyrocketed. However, in the later period, OPEC lowered its crude oil demand expectations. After the Gulf of Mexico storm, U.S. offshore crude oil production resumed. Oil prices have fallen continuously.
As of the close of July 19, Beijing time, the price of WTI light crude oil futures for August delivery fell 2.61% to close at 55.3 US dollars / barrel; the price of London Brent crude oil for September delivery fell 2.72% to close at $ 61.93 / barrel.
Since the beginning of this year, domestic refined oil prices have undergone 14 price adjustments, showing a trend of "nine rises, four declines and one stranded". Among them, the cumulative price of gasoline and diesel has increased by 415 yuan / ton.
According to Li Yan, the prices of No. 92 and No. 95 gasoline at Sinopec gas stations in Shandong are currently 6.76 yuan / liter and 7.25 yuan / liter, respectively.
Li Yan believes that the international crude oil market is currently vacantly intertwined. It is expected that the next round of upward adjustments in refined oil prices is more likely.
Li Yang also said that in the future, under the support of future demand growth, there is still an expectation that the international oil prices will fall after the rapid decline.
According to the calculation of the current domestic oil product pricing mechanism price adjustment cycle, this round of oil product price adjustment window will open at 24:00 on July 23. (China Energy Network)
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