Beijing Morning News (reporter Han Yuanjia) affected by the continued weakness of international crude oil prices, at 24 o’clock on May 11, the retail prices of domestic gasoline and diesel will usher in a relatively large reduction, the reduction rate is likely to reach a new high in the year. According to the prediction of several analysis agencies, it is estimated that 210 yuan per ton will be reduced to 240 yuan, equivalent to a reduction of more than 0.15 yuan per liter.
After entering 5 months, the net position of crude oil began to shrink. In addition to the large base in the early stage, the rate of change of crude oil quickly entered the negative range. Although oil-producing countries continue to actively promote the extension of the production reduction agreement recently, the market no longer seems to buy it. Analysts at Goldman Sachs pointed out on Tuesday that oil prices have suffered a sharp sell-off recently, with Brent crude oil trading around US $47 per barrel, the lowest level since OPEC announced a cut in production on last November. But in the long run, the fundamentals do not support the continuous decline of oil prices, and international oil prices should go out of the rising market for a period of time.
According to Jin Lianchuang’s calculation, it is estimated that the retail price of this round of gasoline and diesel should be reduced by about 205 yuan/ton, equivalent to a rise of about 0.15 yuan to 0.18 yuan. Zhongyu Information predicts that the retail price of refined oil will be lowered by 220 yuan/ton.
Up to now, the domestic oil price in 2017 has experienced “three rises, three falls and two stranding”, and the gasoline and diesel have been reduced by 65 yuan per ton, equivalent to 0.05 yuan and 0.06 yuan per liter respectively. The biggest reduction in the previous year was at 24 o’clock on March 28, when gasoline and diesel were lowered by 230 yuan and 220 yuan per ton respectively. This round of price adjustment is likely to refresh the biggest decline in the year.
Beijing Morning News (reporter Han Yuanjia) affected by the continued weakness of international crude oil prices, at 24 o’clock on May 11, the retail prices of domestic gasoline and diesel will usher in a relatively large reduction, the reduction rate is likely to reach a new high in the year. According to multiple analysis agencies