China News Service Client Beijing, July 10 (Zhang Xu) A new round of refined oil price adjustment window will open on July 10 at 24:00. According to the National Development and Reform Commission, the price adjustment will increase the price of gasoline and diesel by 100 yuan per ton.

  Equivalent to the price increase, No. 89 gasoline rose 0.07 yuan, No. 92 gasoline rose 0.08 yuan, No. 95 gasoline rose 0.08 yuan, and No. 0 diesel rose 0.09 yuan. Based on the calculation of an ordinary private car with a fuel tank capacity of 50L, after the price adjustment, car owners will spend about 4 yuan more to fill a tank of oil.

Information figure: The vehicle is refueling at the gas station. Zhang Yunshe

  During the current round of price adjustment, on the supply side, in June, OPEC (Organization of Petroleum Exporting Countries) crude oil output continued to decline, the lowest level since 1991, and Angola also agreed to fully comply with OPEC+ production reduction measures and compensate before July-September. Insufficient production part.

  On the demand side, the economic recovery of major economies has injected confidence into the market. China's economic performance continued to improve; the US service sector activity rebounded sharply in June, almost rebounding to pre-epidemic levels.

  Affected by the rise in international oil prices, this price adjustment is the second increase in domestic oil prices this year. So far, the price adjustment of refined oil products in 2020 has shown a pattern of "two rises, three falls and eight stranded".

  According to Xu Wenwen, a refined oil analyst of Longzhong Information, after the price adjustment, the cumulative decline of gasoline this year was 1630 yuan/ton, and the decline of diesel was 1570 yuan/ton. "The price of diesel in most areas of the country is about 5.7-5.8 yuan/liter, and the retail price of No. 92 gasoline is 5.6-5.7 yuan/liter."

  The cost of fuel for private car owners increased slightly. Based on the calculation of an ordinary private car with a fuel tank capacity of 50L, after the price adjustment, car owners will spend an extra 4 yuan to fill a box of oil; a large logistics transport vehicle with a full load of 50 tons will drive an average of 1,000 yuan per 1,000 kilometers, and the fuel cost will increase by about 36 yuan .

  The next oil price adjustment window will open at 24:00 on July 24, 2020. Jin Shanchuang crude oil analyst Wang Shan told ChinaNews.com that crude oil may maintain a narrow range of shock in the later period, the price adjustment direction will have large variables, and the probability of stranding is relatively high.

Overview of previous price adjustments of domestic refined oil in 2019-2020. The data comes from Longzhong Information.

  Long Yan Information Analyst Li Yan holds a similar view. "The recent increase in international oil prices has slowed down, OPEC+ production cuts are progressing smoothly, and the demand in the European and American markets is still recovering, which has brought favorable support, but at the same time, the overseas epidemic has shown signs of local deterioration, and the market is worried that it may once again suppress demand. There is a high probability that the price adjustment of domestic refined oil products will be slightly increased or stranded." (End)