Two days later, domestic oil prices may face “four consecutive rise”!

2022-08-03 0 By

During the Domestic Spring Festival holiday, international oil prices hit a new high since 2016 under a lot of good news, rising in the past week, towards 100 yuan mark.As a result, domestic oil prices are likely to rise at 24:00 on February 17.Light crude for March delivery rose $3.22, or 3.58%, to settle at $93.10 a barrel on the New York Mercantile Exchange.London Brent crude for April delivery rose $3.03, or 3.31%, to settle at $94.44 a barrel.”On the whole, this cycle is dominated by strong fluctuations in international crude oil prices, leading to high fluctuations in the domestic reference rate of crude oil change.”Zhuo Chuang information refined oil analyst Wang Luqing said.The change rate of crude oil monitored by the agency is 3.31 percent, and gasoline and diesel are expected to rise by 145 yuan per ton.According to Jin Lianguang’s calculation, by the sixth working day of The 11th, the change rate of 3.05%, the average price of reference oil 90.58 US dollars, domestic gasoline and diesel should be increased by 150 yuan/ton.Jin Lianchuang analyst Wang Shan believes that, affected by inertia, the probability of this round of retail price increase is still large, is expected to increase the range or about 100 yuan/ton.Wang Luqing also believes that the current performance of the international oil market is strong reality but weak expectations, February 17 domestic refined oil retail price increase is a high probability event, by then the domestic refined oil retail price limit may achieve “four consecutive increases”.Wang Shan analysis, the Spring Festival holiday crude oil significantly higher support for the oil market.In terms of supply and demand, affected by environmental inspection and other factors, the operation rate of local refineries continues to decline, and the output of refined oil products shows a tightening trend.As the price adjustment window approaches, the retail price cashed in “four consecutive rises” is a high probability event.Statement: This article is reproduced for the purpose of passing on more information.If the source is wrong or violated your legitimate rights and interests, please contact the author with proof of ownership, we will promptly correct, delete, thank you.Email address: