The price adjustment window of the oil price is opened today, and the No. 95 gasoline is expected to temporarily farewell to the "10 yuan era"

CITIC Finance, June 28 (Ge Cheng) After a wave of "four consecutive rises" in the near future, oil prices have finally dropped?

At 24:00 on June 28, the new round of refined oil price adjustment windows will be opened. The institution predicts that the price of refined oil products will show a "sharp decline" market, which will usher in the second downgrade of the year.

On June 26, the price in a gas station in Xicheng District, Beijing showed that the No. 95 gasoline was 9.93 yuan per liter. Photo by China New Finance Ge Cheng

As of 14:00 on June 27th, Beijing time, Brent August crude oil futures quoted at $ 113.23 per barrel. During this round of pricing cycle, international crude oil futures showed a high downward trend.

Luo Meijuan, an analyst at Jinlianchuang Reinforcement, said that recently, investors are still worried that the Federal Reserve ’s interest rate hikes may fall into decline in the US economy, thereby curbing the demand for fuel. In addition, the U.S. government tried to reduce the downward pressure of crude oil futures through tax cuts and production to increase production. Therefore, international crude oil showed a high downward trend. Personal concerns about the tension of petroleum resources have not been reduced.

Affected by the low fluctuation of international crude oil prices, according to the estimates of the agency, as of the ninth working day of June 27, the average price of domestic oil prices reference was 113.11 US dollars/barrel, and the change rate was -5.49%. It is expected that domestic gasoline and diesel have been reduced. The amplitude is 330 yuan per ton, equivalent to 0.26 yuan per liter of gasoline on 92, and the downtime of diesel is 0.28 yuan per liter.

After the adjustment of oil prices in this round, No. 95 gasoline nationwide is expected to temporarily farewell to the "10 yuan era", and the price per liter is less than 10 yuan. For consumers, the adjustment of refined oil prices may be regarded as short -term "good news".

Since 2022, the domestic refined oil has shown a "ten rising and one decline" pattern during the year. The cumulative gasoline per ton of gasoline has been raised by 2720 yuan per ton during the year. Equipment for gasoline is about 2.14 yuan per liter, and diesel is about 2.24 yuan per liter. Ordinary private cars with a fuel tank capacity of 50L have spent about 107 yuan more than the end of last year.

Luo Meijuan said that with the high temperature weather, the use of vehicle air conditioners has increased frequency, gasoline consumption increases, and demand is still supporting. The summer vacation is approaching, the residents' travel radius increases, and the terminal consumption is still supported.

"There is no obvious trend signal in the crude oil market in the short term, so keeping a broad shock is still the trend of mainstream." Jin Lianchuang crude oil analyst Xi Jiarui believes that the impact of market news on oil prices is temporary, and the final trend of crude oil prices is , Will still return to the influence of fundamentals. All parties in the market still have different opinions on the market outlook of crude oil. Those who think that the price of oil will impact at a high of $ 150/barrel, while the empty people believe that crude oil has transferred to the decline cycle.

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