Sino-Singapore Jingwei Client, July 26th, a new round of domestic refined oil price adjustment window is about to open.
According to news from the National Development and Reform Commission on the 26th, starting at 24:00 on July 26, 2021, domestic gasoline and diesel prices will be reduced by 100 yuan and 95 yuan per ton respectively.
This is the second drop in domestic refined oil prices since 2021.
On national average, 92 gasoline is reduced by 0.08 yuan per liter, 95 gasoline is reduced by 0.08 yuan per liter, and 0 diesel is reduced by 0.08 yuan per liter.
Calculated based on a family car with a 50L fuel tank capacity, it costs 4 yuan less to fill a tank of 92# gasoline.
Data Map: Photo by Sino-Singapore Jingwei Gas Station
According to statistics from the Sino-Singapore Jingwei Client, since 2021, domestic refined oil prices have been adjusted for fourteen rounds, with a total increase of 1,375 yuan/ton for gasoline and 1,325 yuan/ton for diesel, showing "ten ups, two downs, and two strandeds." Pattern.
Sun Yanan, an analyst at Zhongyu Information, pointed out that the domestic refined oil market will continue to be under pressure after the implementation of this round of downgrade policy.
Regarding the market outlook, Sun Yanan said that in the short-term internationally, the market may still actively enter the market under the boost of adventurous sentiment. It is judged that the downside risk of short-term crude oil has basically been eliminated. The European and American crude oil prices will fluctuate strongly in the next cycle, and US crude oil may stabilize 72 The US dollar/barrel is above, so it is temporarily expected that the new round of price adjustment is expected to trend upward in a narrow range.
The next round of price adjustment window will open at 24:00 on August 9, 2021.
Longzhong Information analyst Li Yan said that at present, the US summer travel peak is still underway, and seasonal fuel demand continues to be boosted. OPEC+ maintains a gradual and small production increase strategy. It is expected that the next round of refined oil price adjustments is likely to increase.
(Zhongxin Jingwei APP)