Chinanews client, Beijing, January 29 (Reporter Zhang Xu) At 24:00 on January 29, the domestic refined oil price adjustment window will open again.

The agency predicts that the retail price of gasoline and diesel for this round will increase by about 80-100 yuan/ton, which will be the first "six consecutive increase" of the current price adjustment mechanism since its implementation in the spring of 2013.

Data map: A private car owner is refueling at a gas station in Taiyuan, Shanxi.

Photo by Wei Liang issued by China News Agency

  During the current price adjustment cycle, Iraq plans to cut its crude oil production in January and February to 3.6 million barrels per day, which means that the country's oil output will fall to its lowest level since early 2015.

Coupled with the decline in U.S. crude oil inventories, Rosneft plans to further decline in crude oil exports in February, causing international oil prices to maintain a volatile upward trend, and the domestic oil price reference rate of change has shown positive fluctuations.

  According to Jinlianchuang's calculations, as of the eighth working day of January 27, the average domestic oil price reference crude oil product price was US$55.31/barrel, with a rate of change of 2.18%. The corresponding retail price of gasoline and diesel should be raised by RMB 65/ton.

According to the principle of "ten working days" for domestic oil prices, the retail price of gasoline and diesel is expected to increase by about 80-100 yuan/ton.

  Li Yan, a refined oil analyst at Longzhong Information, said that the current gasoline prices of No. 92 and No. 95 gasoline at Sinopec gas stations in Shandong are 6.08 yuan/liter and 6.52 yuan/liter respectively. The current round of retail price increases may be around 0.06 yuan/liter. , Private car owners can fill up their gas tanks before arriving this Saturday.

  The next round of domestic oil price adjustment window will be opened at 24:00 on February 18, 2021.

Looking ahead, Li Yan said that the recent international crude oil market has uncertainties in the US-Iranian relationship and other factors, and it is expected that the next round of domestic refined oil price adjustments is likely to be lower.

  Jinlianchuang refined oil analyst Bian Wenjing believes that as the Spring Festival holiday approaches, domestic industrial and mining, infrastructure and other projects are further reduced, so diesel demand is weak, and the frequency of people's short-distance travel increases, and gasoline demand remains unchanged.

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