The oil price began to rebound again?After all, it will usher in the third price reduction. Should I look at it in the future?
Author:Jiang Han Vision Time:2022.07.10
For most people, the recent fluctuations in international oil prices have always affected everyone's hearts. Fathering that we have waited for the decline in international oil prices. Many people are asking how the oil price changes should be seen?
1. The international oil price has begun to rebound again?
According to surging news reports, international oil prices have regained the rise after two consecutive days of decline, because the market supply of tight supply has been overwhelmed by economic recession.
As of Friday, July 8th, the WTI crude oil futures delivered by the New York Commodity Futures Exchange in August was US $ 104.79/barrel, and the Crude Oil futures contract delivered in September of the London Intercontinental Exchange closed at $ 107.02/barrel. The daily increases exceeded 2%. In the concerns of potential decline in the US economy, international oil prices have plummeted at the beginning of this week. Among them, as the two major benchmark Brent and WTI crude oil on July 5th, the largest decline in a single day of the two major declines of more than 10%, which once fell below $ 100/ An important point of barrels.
However, on the other hand, the tension of supply is still difficult to solve in the short term, and OPEC+has insufficient power in increasing production. Some oil -producing countries have encountered force majeure, and the political turmoil in Ecuador and Libya has reduced production. Workers' strikes in Norway's week also support the short -term oil prices. A local court in Russia recently ordered the suspension of Kazakhstan's oil export "Life Pulse" -The Rihai Pipeline Alliance (CPC) oil pipeline activity for 30 days, and the latter appealed to the court, resulting in tension and anxiety emerging.
According to the Morning News, as of the eighth working day of this cycle, the domestic crude oil change rate is 4.75%, and the prediction will fall by 260 yuan/ton, which is converted to 0.2 yuan/liter-0.22 yuan/liter. The oil is 10 yuan cheaper. Of course, this is not the final adjustment range. The specific oil price adjustment must be combined with the risk of crude oil changes on the last two working days. After this adjustment, domestic oil prices will be on July 26th in the next adjustment date.
2. What should I see in the future of oil prices?
Seeing the current trend of the rebound of international oil prices, many people will be a little worried. It is difficult to look forward to the decline in international oil prices. At this time, there is a rebound of international oil prices. What should we think of this? How should the overall international oil price market analyze and judge?
First of all, we actually repeatedly emphasized the changes in international oil prices. In fact, before the supply and demand of the international market were inseparable, due to the continuous recovery of demand, Russia's supply has not been effectively recovered. The end result is that in the entire market In the process of changing, international oil prices have shown a trend of decline. This is the inevitable result of insufficient supply of effective demand to ensure that it is the inevitable result. The inevitable result of market supply and demand. Therefore, if we can make more effective judgments on international economic development, we can naturally judge what changes in international oil prices.
Secondly, we see that the current trend of the overall price rebound shown in international oil prices is actually in the process of the entire market development. In terms of some countries, some countries will think that the demand for the entire world is insufficient, which will lead to the decline in the price of international oil prices. However It is likely to further push international oil prices. The reason is that for most of the non -OPK countries, it is actually unlikely to increase the supply of oil. For the OPEC country, everyone is actually very good on the surface, but the mainland is a ghost, so the OPEC country may also be the country. The final result of face and mind is also a problem with the supply of oil.
Third, no one can say that the current trend of the current international oil prices shows it, because the current view of the entire market is showing a fierce confrontation. Many people are their own ideas and opinions. Therefore, in such a big background, many people have begun to doubt the changes in the market. At present, we still have to look at the development of international oil prices with a relatively more objective and calm attitude. There may be some early responses.
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