Chinanews.com client, Beijing, October 22nd. On the 22nd, domestic refined oil prices ushered in the fourth increase in the year. A private car with a 50L fuel tank will cost about 3 yuan to fill a tank of fuel.
The analysis predicts that the upward momentum of international oil prices is insufficient, and the probability of the next round of refined oil price adjustments is relatively high.
According to a notice issued by the National Development and Reform Commission, starting from 24:00 on October 22, domestic gasoline prices will increase by 80 yuan per ton, and diesel prices will increase by 70 yuan per ton.
According to agency calculations, per liter 89# gasoline rose 0.06 yuan, 92# gasoline rose 0.06 yuan, 95# gasoline rose 0.07 yuan, and 0# diesel rose 0.06 yuan.
During this round of pricing cycle, the global epidemic has become more severe, and the market’s bearish sentiment on the economy and demand still exists. However, the market’s optimistic expectations for the new round of stimulus plans in the United States have boosted the prospects for crude oil demand and provided certain support for oil prices. Therefore, the corresponding comprehensive rate of change of crude oil runs in a positive range, opening a window for domestic refined oil retail prices to increase.
Longzhong information monitoring shows that after the current round of price adjustments, the price of car diesel in most areas of the country is 5.5-5.6 yuan/liter, and the retail price of 92# gasoline is limited to 5.5-5.7 yuan/liter.
Calculated on an ordinary private car with a fuel tank capacity of 50L, car owners will spend about 3 yuan more to fill a tank of fuel; on average, a large logistics transport vehicle with a full load of 50 tons will increase fuel costs by about 24 yuan per 1,000 kilometers.
So far, in 2020, the domestic refined oil price adjustment has shown a pattern of "four ups, four downs and 12 strands". The cumulative decline of gasoline is 1,780 yuan/ton, and the decline of diesel is 1,720 yuan/ton.
The next price adjustment window will open at 24:00 on November 5, 2020.
"It is expected that the next round of refined oil price adjustments will have a higher probability." Longzhong Information analyst Li Yan said that because the current overseas epidemic situation is intensifying, and there are signs of deterioration in many European countries, the market still has doubts about the economic and demand prospects, and international oil prices are rising. Lack of motivation.
"Calculated based on the current international crude oil price level, the next round of refined oil price adjustments will begin to show a downward trend, with an amplitude of around 80 yuan per ton." (End)