Sino-Singapore Jingwei, November 5th, at 24:00 today (5th), a new round of domestic refined oil price adjustment window will be opened.

According to the National Development and Reform Commission, domestic refined oil prices will not be adjusted this time.

  According to the website of the National Development and Reform Commission, since the adjustment of domestic refined oil prices on October 22, 2021, oil prices in the international market have fluctuated. According to the current domestic refined oil price mechanism, the average price of the first 10 working days on November 4 and October 22 Compared with the average price of the previous 10 working days, the price adjustment amount is less than 50 yuan per ton.

  During this round of pricing cycle, crude oil prices showed a fluctuating downward trend, and U.S. oil once again fell below $80.

As of November 4, local time, WTI December crude oil futures closed down 2.05 US dollars, or 2.53%, to 78.81 US dollars per barrel.

Brent's January crude oil futures closed down 1.45 US dollars, or 1.77%, to 80.54 US dollars per barrel.

  According to a CCTV news client report, on November 4, local time, the 22nd ministerial meeting between the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries was held online.

All parties reaffirmed the production adjustment plan and monthly production adjustment mechanism approved by the 19th ministerial meeting of OPEC and non-OPEC oil-producing countries, and decided to increase total production by an average of 400,000 barrels per day in December 2021.

  According to statistics from Sino-Singapore Jingwei, since the beginning of this year, domestic refined oil prices have undergone 21 rounds of adjustments. The cumulative price of gasoline has increased by RMB 2,000 per ton, and the price of diesel has increased by RMB 1,925 per ton.

  According to the arrangement, a new round of price adjustment window will be opened at 24:00 on November 19, 2021.

  Liu Biao, an analyst at Zhongyu Information, pointed out that as the recent rise in crude oil has been blocked, and the state has taken action to regulate the energy market, releasing refined oil inventories to ease market supply pressures, from the external crude oil market to the domestic policy guidance has released more obvious signs of cooling. .

(Zhongxin Jingwei APP)