The price of refined oil products will welcome the "four consecutive declines"

International oil prices have continued to fall from high, and domestic refined oil prices have continued to reduce.

According to the calculation of Grand Commodity Information Agency, as of August 8th, the ninth working day of the price adjustment cycle of this round of refined oil products, the domestic reference crude oil change rate was -1.64%. Ton.

The change rate of crude oil by Zhuochuang Information Monitoring is -1.62%, and it is expected that the price of gasoline and diesel will be reduced by 80 yuan/ton. The corresponding 92 gasoline prices will be reduced by 0.06 yuan/liter, and the price of No. 95 gasoline and No. 0 diesel will be reduced by 0.07 yuan/liter.

This round of refined oil price adjustment windows will be opened at 24:00 on August 9th. Now there is only one working day to open the price adjustment window. The probability of regulating the retail price limit of this round of refined oil will be reduced.

Xu Na, an analyst of Zhuochuang News Oil Oil, said that since this round of pricing cycle, international oil prices have been staggered, but the bottom of the price has continued to move downward. In the past week, European and American crude oil futures prices have fallen by about 10%. The market's concerns about the slowdown in economic growth, and the decline in the global major economic manufacturing index has become the main factor of declining oil prices. WTI crude oil futures have been closed below the price of $ 90 per barrel since February 10.

Affected by this, the rate of changes in domestic crude oil from domestic references has shifted from positive, and the negative range is deepened, and the oil prices of refined products are finally lowered.

Since the beginning of this year, domestic refined oil has gone through fourteen prices, showing a "ten rises and four declines and zero strand" pattern. Recently, the "three consecutive declines" have appeared. During the "three consecutive declines", the retail price limit of gasoline was reduced by 980 yuan/ton.

If this round of refined oil prices are finally fulfilled, domestic refined oil prices will usher in the first "four consecutive declines" during the year, which is also the first "four consecutive declines" of refined oil prices since 2019.

Xu Na introduced that if calculated according to the current 80 yuan/ton downside, the cumulative price reduction of gasoline during the "Four Company Falls" period is 1060 yuan/ton, and the cumulative price of diesel is 1025 yuan/ton, which is equivalent to the price increase. No. 0 diesel is reduced by 0.83 yuan/liter, 0.88 yuan/liter and 0.87 yuan/liter, respectively.

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