Oil prices today or "three consecutive falls" No. 95 gasoline are expected to return to the "8 yuan era"

China News Service, July 26 (China Singapore Finance Ge Cheng) After just experiencing a wave of "continuous" market, domestic oil prices are expected to usher in "three consecutive declines".

At 24:00 on July 26, a new round of domestic oil -based price -adjustment windows will be opened. The institution predicts that the price of refined oil products will show a decline in this round of refined oil products, which will usher in the fourth reduction in the year.

Data map: gas station. Photo by Liu Yanghe, Zhongxin Finance

Recently, the overall interval fluctuation trend of international oil prices still belongs to the adjustment stage. In particular, the WTI crude oil futures fell sharply after the monthly change of WTI crude oil futures and Brent crude oil futures spread rapidly, and investors are still watching the futures price.

Affected by the low fluctuation of international crude oil prices, the agency estimates that as of the ninth working day of July 25, the average price of reference to crude oil varieties is $ 100.70 per barrel and a change rate of -5.55%. 320 yuan, equivalent to about 0.28 yuan per liter of gasoline and diesel. After the adjustment of oil prices in this round, No. 95 gasoline in some areas is expected to return to the "8 yuan era".

According to Wang Shan, an analyst at Jinlianchuang Ginoco, the international crude oil price continues to fall, and the US dollar has risen to high levels in recent years. pressure. However, the crude oil market is still in a state of short supply, and oil prices are still supported in this environment.

Wang Shan said that the US President Biden's visit to Saudi Arabia has not achieved the expected results to a certain extent. Although Saudi Arabia has stated that it will increase another 1 million barrels of oil production, how to implement the output is not known, and the increase in production is difficult Make up the current supply of supply in the crude oil market. The crude oil lounted part of the decline.

In 2022, the price adjustment of the domestic refined oil calendar. (Data source: National Development and Reform Commission)

"International oil prices should generally be a trend of decline during the shock." Dong Xiucheng, Executive Dean of the International Business Strategy Research Institute of the University of Foreign Economic and Trade, said, "The oil prices in the second half of the year are lower than the level of the first half of the year, and it will definitely fluctuate and fluctuate and will fluctuate and fluctuate. Surging, but it is more difficult to drop to about $ 40 or 50 or so. "

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