Oil price or ending "five consecutive declines", welcoming the first half of the year to increase

After a wave of "five consecutive declines", oil prices are about to rise again?

At 24:00 on September 6, a new round of domestic refined oil price adjustment windows will be opened. Affected by the changes in international oil prices, domestic oil prices or end of the continuous decline have ushered in the first raising of the second half of the year.

Wang Shan, an analyst at Jinlianchuang Oil Oil Oil, said that since this round of prices, international crude oil prices have been raised first and then suppressed. At first, the market expected the Organization of the Organization of the Petroleum Exporting Countries (OPEC) to reduce the output when necessary to support oil prices. In addition, the decrease in the US Energy Information Administration (EIA) crude oil inventory, the U.S. Nuclear discussion prospects have once again, as well as factors such as Libya conflict, and boost the volatile of oil prices.

Institutions estimated that as of the ninth working day of the price adjustment cycle of the Japanese round of oil products as of September 5, the average price of reference to crude oil varieties was $ 95.44 per barrel, and the change rate was 3.33%. Gasoline and diesel are raised by about 0.15 yuan per liter. After the adjustment of the oil price in this round, No. 95 gasoline in some areas may return to the "9 yuan era".

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

"As far as the market is concerned, the turbulent situation of the oil -producing country has made the supply of crude oil full of variables and supports oil prices to a certain extent." Luo Meijuan, an analyst at Jinlianchuang Ginoco, said that the continuous interest rate hikes Increased, concerns about the demand for crude oil will also heat up, or cause oil prices to operate.

"There are still a lot of uncertainty in oil prices, and the real market demand will remain high." Zhou Di, executive vice chairman of the China Energy Research Association, said that under the global economic downturn, oil production has been under pressure. It can also further promote its active production.

Source: China News Network

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