Just tonight, fall!

Author:Jiangsu News Time:2022.07.12

According to the National Development and Reform Commission, the new round of refined oil price adjustment window will be opened today (July 12) at 24:00. According to the monitoring of the National Development and Reform Commission's price monitoring center, the international oil prices have fallen sharply during this round of oil -adjustment cycle (June 28 -July 11). On average, Brent in London and WTI in New York decreased by 4.95%lower than the previous round.

CCTV Financial reporters learned from the National Development and Reform Commission that the specific situation of this oil price adjustment is as follows: domestic automotive and diesel retail price limits are reduced by 360 and 345 yuan per ton, respectively.

Looking at the average nationwide:

No. 92 gasoline is reduced by 0.28 yuan per liter;

No. 95 gasoline is reduced by 0.30 yuan per liter;

No. 0 diesel is reduced by 0.29 yuan per liter.

After the retail price limit is reduced, except Hainan and some multi -price areas, all 92 gasoline prices in the rest will return to the 8 yuan era. CCTV Financial reporter calculated a account. According to the capacity of 50L of the general car fuel tank, it will be added with a box 92 gasoline and will spend 14 yuan less.

Selling in the crude oil market, driving the price of oil sharply down sharply

During the price adjustment cycle, the global economy may fall into the worry of the decline, the market for sale in the crude oil market, and the price of oil prices has declined sharply. The US CPI CPI was a 40 -year high in May. The market is expected to raise interest rates sharply. The central banks of developed economies such as the European Union and the United Kingdom have also increased. Both the net bulls of Lente and the WTI crude oil futures in New York fell to the lowest level since April 2020. In addition, the growth of US crude oil inventory and the number of drilling platforms have increased to the highest since March 2020, and the US dollar index has hit new high factors for nearly 20 years. The oil prices of the two cities fell to a low point in nearly 3 months, and the price of WTI in New York fell below $ 100 per barrel. On average, Brent and WTI oil prices in London decreased by 4.78%and 5.13%compared with the previous price adjustment cycle, respectively.

The National Development and Reform Commission Price Monitoring Center predicts that oil prices will still operate in the short term. On the one hand, the United States has strengthened sanctions on Russia and Iran. Libya, Ecuador's domestic turbulence affects crude oil production, Saudi Arabia and other OPEC member states have limited idle capacity and cannot increase production. support. On the other hand, the market is concerned about the global economic recession and the demand for crude oil is suppressed. Under the influence of multiple factors, the frequency of fluctuations in oil prices may increase.

Source/ CCTV Finance

Edit/Tao Tao

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