Tencent
according to the principle of ten working days adjustment, the new round of product oil price window will be opened at 24 Today (August 18th). According to CCTV financial reporters from the national development and Reform Commission (NDRC), this round of oil price cycle (August 4th -8 month 18), international oil prices rose first and then fell, the price operation is relatively stable, so the product oil price of the present round is ushered in the fourth time in the year.
the price of crude oil futures in the international market is relatively stable
cycle in which the export growth of OPEC's major oil producing countries, the stronger US dollar and the decline in demand, and the increase of US crude oil production have more influence on oil prices than crude oil. Sharp decline in stock prices and other factors, the international oil prices in the early period of rising fatigue, and then concussion downward, in recent trading days, a big decline. From the point of view of supply, production continues to increase. OPEC reported last week that OPEC's crude oil output increased by 0.5% in July compared with June, due to increased production in Libya and Nigeria. According to data from the US Energy Information Administration (EIA), the US crude oil output increased to more than 9 million 500 thousand barrels per day in July, close to the highest level of about 9 million 600 thousand barrels per day in 2015. On demand side, with the summer driving season near the end of the northern hemisphere, coupled with the decline in China's crude oil imports in July, the decrease in demand has put pressure on the price of crude oil. In addition, the US dollar index rose from 92.8 to 93.9 and appreciated 1.1%, leading to a decline in US dollar denominated crude oil prices.
CCTV financial reporters, the national development and Reform Commission price monitoring center analysis, in the next few months, the international oil price is still mainly in the United States The combined effect of volume increase and OPEC reduction will have pressure and support. In the short term, WTI oil price in New York will still maintain a fluctuation range of 45-50 US dollars per barrel. As US crude oil inventories continue to decline, WTI oil prices may rise to around $50 a barrel in the peak season of heating oil.
the price of finished oil in this year showed six rise, six fall and four stranded pattern
since the beginning of the year, with the cycle of price adjustment, China's oil market has gone through sixteen rounds of price adjustment, including six UPS, six falls, four stranded, and gasoline and diesel prices of 355 yuan / ton and 340 yuan / tonne.
specific varieties, compared with the beginning of the year, No. 92 gasoline is down by 0.25 yuan per litre, 95 gasoline is 0.26 yuan per litre, and 0 diesel is down 0.29 yuan per litre. According to the 50L capacity of the general household car fuel tank, a full tank of 92 gasoline will cost less than 12.5 yuan.