China News Service, January 31 (China News reporter Ge Cheng) According to a notice from the National Development and Reform Commission, starting from 24:00 on January 31, the price of gasoline per ton will be increased by 200 yuan, and the price of diesel per ton will be increased by 200 yuan. This is the last round of oil price adjustment before the Spring Festival this year.
The agency estimates that this price adjustment is equivalent to an increase of 0.16 yuan per liter for No. 92 gasoline, 0.16 yuan per liter for No. 95 gasoline, and 0.17 yuan per liter for No. 0 diesel.
Taking an ordinary private car with a fuel tank capacity of 50L as an example, after this price adjustment, car owners will spend about 8 yuan more to fill up a tank of fuel. In terms of diesel, a large truck with a fuel tank capacity of 160L will cost approximately 27.2 yuan more to fill up a tank of fuel.
Data map: Gas station. Photo by Ge Cheng of China New Finance
Liu Wenjie, an analyst at Longzhong Information, said that during this pricing cycle, the international oil price range-bound pattern continues. Although market concerns about the economic and demand outlook remain, and Libya's largest oil field has restarted production, U.S. commercial crude oil inventories have declined, and geopolitical risks have increased, and the trend of crude oil is relatively strong.
"Overall, the average price of the listed oil types during the pricing cycle has moved up, and the corresponding comprehensive change rate of crude oil has moved in a positive range, opening the window for this round of retail price increases."
This round is the third price adjustment in 2024. After the price adjustment, domestic refined oil prices showed a pattern of "two increases and one decrease" during the year. The next round of domestic refined oil price adjustment window will open at 24:00 on February 19.
"It is expected that the next round of refined oil price increases will be more likely." Li Yan, an analyst at Longzhong Information, said that looking forward to the market outlook, the international crude oil market may maintain the characteristics of operating in a high range. Production cuts by the Organization of the Petroleum Exporting Countries and its partners (OPEC+) continue to advance, and geopolitical risks are increasing. At the same time, the suppression of U.S. crude oil production by severe cold weather has not yet been relieved, and the International Monetary Fund (IMF) has raised its global economic growth forecast. Market concerns about the economic and demand outlook have eased.
"The probability of a new round of retail price increases is high." According to Wang Yanting, senior analyst of Jinlianchuang refined oil products, after entering a new round of pricing cycle, the rate of change of crude oil still maintains a positive development, and the amplitude is relatively large. Faced with the news Market sentiment is still boosted. (over)