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Notice: domestic oil price will rise for the fourth time this year

Source: 2020-10-22 11:06:57

At 24:00 on October 22, a new round of domestic refined oil price adjustment window will be opened again. The corresponding range of the current reference crude oil change rate is far more than 50 yuan / ton red line. At that time, the domestic oil price is expected to rise for the fourth time in the year, but the range is expected to be small, which has little impact on the overall retail price.

In recent years, although demand is still a concern of the market, the market has been driven by good news, such as the strengthening of the US dollar, the forecast of a decline in US crude oil inventories, and the reaffirmation of OPEC's commitment to the production reduction agreement at the committee meeting, and the overall international crude oil price showed a volatile upward trend. By the end of October 20 local time, light crude oil futures for November delivery on the New York Mercantile Exchange rose $0.63, or 1.54%, to $41.46 a barrel; London Brent crude oil futures for December delivery rose $0.54 to $43.16 a barrel, up 1.27%.

Under this situation, the reference change rate of crude oil for domestic oil price adjustment is rising in the positive range. According to jinlianchuang data, as of October 21, the average price of reference crude oil varieties was 42.50 US dollars / barrel, with a change rate of 3.05%. The corresponding retail price of gasoline and diesel should be increased by 80 yuan / ton. However, the retail price of gasoline and diesel, calculated by Zhongyu information and Zhuo Chuang information, will increase by 95 yuan / ton. The price of 92% gasoline and 0% diesel will be increased by 0.07 yuan / L and 0.08 yuan / L respectively.

Source: New media of Xinhua News Agency

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