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The price of domestic refined oil has been adjusted for "three consecutive drops", and it will cost 19 yuan less to fill up a box of No. 92 gasoline

2022-12-20T01:22:57.592Z


The retail price limit of domestic refined oil products ushered in a "three consecutive declines". On December 19, the official website of the National Development and Reform Commission announced that according to the recent changes in oil prices in the international market and in accordance with the current refined oil price formation mechanism, starting from 24:00 on December 19, 2022, domesti


  The retail price limit of domestic refined oil products ushered in a "three consecutive declines".

On December 19, the official website of the National Development and Reform Commission announced that according to the recent changes in oil prices in the international market and in accordance with the current refined oil price formation mechanism, starting from 24:00 on December 19, 2022, domestic gasoline and diesel prices will be reduced by 480 yuan per ton respectively. and 460 yuan, equivalent to a price increase of 92# gasoline, 95# gasoline, and 0# diesel, which were respectively reduced by 0.38, 0.4, and 0.39 yuan.

This is the last domestic refined oil price adjustment this year.

  At the same time, on December 19, the daily market of domestic futures fell sharply, and black commodities fell significantly, of which coking coal and coke fell by 6%.

  Zhang Lu, all-media reporter of Guangzhou Daily

It will cost 19 yuan less to fill up a tank of 92 gasoline

  "Since this pricing cycle, international oil prices have fluctuated widely. At the beginning of the cycle, the market was worried that the Fed would continue to raise interest rates, the US refined oil inventory increased sharply, and the outlook for oil demand was worrying. European and American crude oil futures recorded the largest weekly decline in 8 months. Then it was lower than expected. The recent inflation data put pressure on the U.S. dollar, and the oil pipeline from Canada to the United States was temporarily closed, which boosted crude oil to rebound for three consecutive days, but the rebound was limited." Wang Luqing, an analyst of Zhuo Chuang Information's refined oil products, analyzed that under the combined influence, the domestic The calculated rate of change of crude oil has always fluctuated in a negative range.

According to the calculation of Zhuo Chuang Information, as of the close of December 16, the 10th domestic working day, the reference crude oil change rate was -10.96%.

  After the implementation of this round of retail price cuts for refined oil products, the cost of oil used by residents will continue to decline.

Taking a family car with a fuel tank capacity of 50L as an example, it will cost about 19 yuan less to fill up a tank of 92# gasoline than before.

In terms of fuel consumption, taking a small private car with a monthly run of 2,000 kilometers and a fuel consumption of 8L per 100 kilometers as an example, before the next price adjustment window opens (24:00 on January 3, 2023), consumers’ fuel consumption costs will be reduced by 30% around yuan.

In the logistics industry, taking a heavy-duty truck with a monthly run of 10,000 kilometers and a fuel consumption of 38L per 100 kilometers as an example, before the next price adjustment window opens, the fuel cost of a single vehicle will be reduced by about 741 yuan.

  According to Zhuo Chuang Information, after the price adjustment was implemented, the retail price limit of domestic refined oil products in 2022 has undergone 24 adjustments, of which 13 were raised, 10 were lowered, and 1 was stranded. The increase is 550 yuan/ton and 530 yuan/ton, and the discounted price of 92# gasoline, 95# gasoline, and 0# diesel is 0.43 yuan, 0.46 yuan, and 0.45 yuan, respectively.

The black series dropped significantly, and the bifocals fell by more than 6%

  On December 19, the daily market of domestic futures fell in a large area, and black commodities fell significantly. Among them, coking coal and coke fell by 6%, fuel oil and red dates fell by 5%, stainless steel, manganese silicon, and urea fell by 4%. , Screw thread, hot coil, and live pigs fell by 3%.

  From a macro perspective, according to the analysis of Everbright Futures, at the Central Economic Work Conference last weekend, the country re-proposed the general policy of housing for housing and not speculation.

The trading logic of the black plate gradually returns from strong expectations to weak reality.

At the same time, the meeting emphasized optimizing the implementation of industrial policies, strengthening the domestic exploration and development of important energy and mineral resources, and increasing reserves and production, which has a negative effect on the prices of coal and other raw materials that are still at a high level.

  Regarding yesterday's large daily decline in Shuangjiao, Donghai Futures said that on the spot side, coking coal and coke will continue to have a strong pattern in the short term, and some coke companies have started the fourth round of price increases and are gradually landing.

The disk mainly reflects the divergence of the market regarding the recovery of demand in the market outlook, and whether the strong expectations can be fulfilled in the later period still needs to be continuously observed.

  The Price Monitoring Center of the National Development and Reform Commission predicts that the "aggressive interest rate hikes" in the US and Europe will lead to a lack of confidence in the global economy and the growth of crude oil demand.

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Source: chinanews

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