International oil prices soar, Ji'nan oil prices are hard to return to the "6 era" this month.
the author of the Ji'nan Daily: Jiao Xiaochao
the "car family" in the city of Quancheng is looking forward to the "triple drop" of domestic oil prices this month, entering the "6 era", when the international oil price surged in June 29th, and the oil price in New York rose on the same day. More than 9%, to 80 dollars, the biggest gain in 16 months. In the middle of this month, the price adjustment window will still open, but the rebound in international crude oil prices will lead to a narrow reduction in domestic oil prices, which means that oil prices in Ji'nan are not going back to the "6 era".
June 29th, the New York mercantile exchange for August delivery of light crude oil futures prices rose 7.27 dollars, up to $84.96 / barrel, up to 9.36%, the biggest increase since February last year. Although New York's oil price is back above $80, it still falls 3.4% in June, and is down nearly 30% over the year. At present, the rate of change in the moving average of 22 working days in Brent, Dubai and three of the crude oil of domestic finished oil is still in a downward trend. According to Zhuo Chuang information estimates, by June 29th, the three crude oil mobile average price change rate was -8.62%, far exceeding the -4% price adjustment "red line". After the rise in international oil prices, the next 10 days or so, three of the rate of change will return to the "red line" of -4%, leading to a decline in the price of oil prices, many market analysts believe that the EU summit may be very short of the boost to the market. Because the implementation of the conference results is very difficult and there are many variables, the basic situation of the European debt crisis has not changed, so even if the international oil price continues to rise, the increase will be limited. According to the current domestic oil pricing mechanism, theoretically speaking, the oil price reduction window is still expected to open in mid July.
Zhuo information analysts believe that because of the surge in international oil prices, the rate of change in the negative direction will slow down on Wednesday. Before the next price window opens, the decline in the three rate will be lower than expected, and the price of refined oil will be reduced. Chuang Chuang expects that the current third price cut will be between 400 yuan and 500 yuan per ton. Ge Jintian, Dean of economics and professor of economics of University of Jinan, analyses that the domestic economic situation is not optimistic since this year, and it is the main task to maintain stable economic growth. The lower oil price is of great significance to reduce the cost of economic operation and alleviate the input inflation, but is subject to the consumption of energy resources in the world and at home. The impact of the pricing mechanism of refined oil, coupled with the surge in international crude oil prices, will not reduce much of domestic oil prices. At present, Ji'nan's No. 93 gasoline has dropped to 7.3 yuan / liter, and the possibility of returning to the "6 era" is very small.