Chinanews.com, November 21st (China News Finance and Economics Ge Cheng) According to the National Development and Reform Commission's notice, from 24:00 on November 21st, gasoline will be reduced by 175 yuan per ton, and diesel oil will be reduced by 165 yuan per ton.

  This is the 22nd price adjustment of domestic oil prices in 2022.

After the price adjustment, refined oil products showed a pattern of "thirteen rises, eight falls and one stranding" during the year.

According to agency estimates, this price adjustment is equivalent to a reduction of 0.14 yuan per liter for No. 92 gasoline, 0.14 yuan per liter for No. 95 gasoline, and 0.14 yuan per liter for No. 0 diesel.

After this round of price adjustment, No. 95 gasoline will be reduced to less than 9 yuan across the board.

Data map: gas station.

Photo by Ge Cheng, Sino-Singapore Finance and Economics

  Taking an ordinary private car with a fuel tank capacity of 50L as an example, after this price adjustment, the car owner will spend about 7 yuan less to fill up a tank of fuel.

In terms of diesel, for a large truck with a fuel tank capacity of 160L, it will cost about 22.4 yuan less to fill up a tank of fuel.

  "During this round of pricing cycle, international oil prices have weakened. On the whole, during the pricing cycle, the average price of anchored oil species has moved down, and the corresponding comprehensive rate of change of crude oil has moved in a negative range, opening the window for this round of retail price reductions."

  Liu Wenjie, an analyst at Longzhong Information, analyzed that although the International Energy Agency raised its forecast for global crude oil demand, Fed officials issued hawkish remarks calling for continued interest rate hikes. The US dollar and US bond yields continued to strengthen, and economic recession worries intensified again. Crude oil prices It closed down one after another.

The previous price adjustments of domestic refined oil in 2022.

(Data source: National Development and Reform Commission)

  The next round of domestic refined oil price adjustment window will open at 24:00 on December 5.

  "Based on the current international crude oil price level, the next round of refined oil price adjustments will show a sharp decline at the beginning." According to Li Yan, an analyst at Longzhong Information, the current global economy and demand prospects are still weak, adding to the previous decline in oil prices If it is too deep, the main impact will be reflected in the new round of price adjustment cycle. It is expected that the probability of the next round of refined oil price adjustment will be lowered.

  "Entering a new round of pricing cycle, the rate of change of international crude oil prices is still fluctuating in a negative range, and it is difficult to find support for the news." Wang Yanting, a senior oil analyst at Jinlian Chuang, also holds the same view.

(Finish)