Chinanews client, Beijing, July 12 (Reporter Zhang Xu) According to the National Development and Reform Commission, starting at 24:00 on July 12, gasoline will increase by 70 yuan per ton, and diesel will increase by 65 yuan.
According to the agency's calculations, the price increase of 89# gasoline rose by 0.05 yuan, 92# gasoline rose by 0.05 yuan, 95# gasoline rose by 0.06 yuan, and 0# diesel rose by 0.06 yuan.
This price adjustment is the tenth increase in domestic oil prices this year, and an extra tank of oil will cost about 2.5 yuan.
Data map: The staff refueled the vehicle.
Photo by China News Agency reporter Zhang Yun
Since this pricing cycle, international oil prices have shown an upward trend.
At the beginning of the cycle, U.S. crude oil inventories continued to decline. The market waited for the results of the OPEC meeting. The price of Brent crude oil futures once exceeded $77 per barrel. Subsequently, the news that U.S. crude and gasoline inventories fell sharply once again boosted the market atmosphere.
Longzhong Information analyst Xu Yuanyuan said that after the price adjustment, based on an ordinary private car with a fuel tank capacity of 50 liters, car owners will spend about 2.5 yuan more to fill a tank of fuel.
In most areas of the country, the price of diesel fuel is around 6.9-7.0 yuan/liter, and the retail price of 92 gasoline is limited to 6.9-7.1 yuan/liter.
This price adjustment is the thirteenth adjustment of domestic oil prices in 2021. It is the tenth increase in this year and will also complete three consecutive increases.
After this price adjustment, the price adjustment of refined oil products in 2021 will show a pattern of "ten ups, one down and two strands".
The next price adjustment window will open at 24:00 on July 26.
Looking ahead, Zhuo Chuang Information believes that the initial crude oil rate of change in the new cycle is at a positive low level, and there is an expectation of stranding.
Longzhong Information analyst Li Yan said that the US summer travel peak continues to boost fuel demand, the global epidemic growth rate has slowed down, economic data has performed solidly, and demand prospects are promising.
Although OPEC+ internal differences have not been resolved, the risk of an outbreak of a price war is not great, and the nuclear negotiations between the United States and Iran are still deadlocked.
It is expected that the next round of domestic refined oil price adjustments will have a higher probability.