[Explanation] At 24:00 on December 5, China's domestic refined oil price adjustment window opened again, and the prices of gasoline and diesel were reduced by 440 yuan (RMB, the same below) and 425 yuan per ton respectively.
In terms of price increases, on a national average, No. 92 gasoline, No. 95 gasoline, and No. 0 diesel have been reduced by 0.35 yuan, 0.37 yuan, and 0.36 yuan per liter, respectively.
This is also the largest drop in China's refined oil prices since the second half of 2022.
[Explanation] On December 6, the reporter came to a gas station in Beijing, and many car owners were queuing up to refuel.
[Concurrent] Beijing car owner Mr. Guo
Just passed by here, catching up with the drop in oil prices.
It has dropped a lot, adding more than 300 (yuan).
[Concurrent] Beijing car owner Mr. Li
Our national oil price has dropped, so I came here to refuel.
(How much cheaper is it to fill up today than usual?) It costs tens of dollars, and it can run for a few days.
[Explanation] For car owners, what does this round of oil price reduction mean?
Industry analysts did the math.
[Same period] Wang Yanting, senior oil analyst of Jinlianchuang
In terms of gasoline, if we use an ordinary private car with a fuel tank capacity of 50 liters to calculate, car owners will spend 17.5 yuan less to fill up a tank of No. 92 gasoline.
For diesel, take a logistics vehicle that runs 10,000 kilometers per month and consumes 40 liters of fuel per 100 kilometers as an example. In the new pricing cycle, the operating cost will be reduced by 720 yuan compared with the previous period. The reduction in operating costs is quite obvious. .
[Explanation] At present, the current domestic refined oil pricing and price adjustment cycle is 10 working days, and the price adjustment range is calculated with reference to the average price of international crude oil within the pricing cycle.
According to the rules, the next price adjustment will be at 24:00 on December 19. Will the downward trend of oil prices continue?
Analysts said that the global crude oil supply is still relatively fragile and there are many uncertain factors, so the possibility of further downward adjustment is unlikely.
[Same period] Wang Yanting, senior oil analyst of Jinlianchuang
After entering a new round of pricing cycle, the overall price may be at a relatively high position, and the rate of change will most likely turn into a positive range fluctuation.
We predict that the rate of change on the first working day after the price adjustment is realized will be 0.7%, and the corresponding increase will be around 30 yuan per ton.
In the short term, the trend of crude oil will still be relatively volatile, and the probability of a new round of price adjustment being stranded or a slight increase is relatively high.
Reporter Lang Jiahui reports from Beijing
Responsible editor: [Li Ji]