After the "five consecutive drops", the price of oil will rise?

The new round of refined oil price adjustment window is 24:00 on September 6.According to the calculation of the agency, as of the eighth working day of September 2, the average price of reference to crude oil was $ 95.88/barrel, and the change rate was 3.66%. The corresponding domestic gasoline and diesel retail price should be increased by 200 yuan/ton.If international oil prices will not plummet in the next two trading days, it is expected that domestic refined oil prices will be raised again.

As of 18:27 on September 4th, Beijing time, the U.S. crude oil owner and the Brent crude oil owner were all popular, with an increase of 0.74%and 1%, respectively, up to $ 87.25/barrel and $ 93.28/barrel, respectively.

Jin Lianchuang analyst Wang Shan said that in the market outlook, the OPEC+Petroleum Conference on September 5 will determine the crude oil output plan and give new guidelines for oil prices.Crude oil in the short term may maintain a weak shock, but the retail price will still support the market.

(Source: Guangzhou Daily)

【Edit: Shang Pei】

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