The decline in international oil prices ends a seven-week streak of rising: Will domestic oil prices fall into the 10-yuan era?
International oil prices fell sharply on the 17th as the market worried that the economic slowdown would reduce oil demand and the number of active oil rigs in North America increased significantly this week.
As of the close of the day, the price of light sweet crude oil futures for July delivery on the New York Mercantile Exchange fell $8.03 to close at $109.56 a barrel, a decrease of 6.83%; the price of Brent crude oil futures in London for August delivery fell $6.69, It closed at $113.12 a barrel, down 5.58%.
According to data released by Baker Hughes, an American oilfield technology services company, on the 17th, the number of active oil rigs in the United States this week was 584, an increase of 4 from the previous month and an increase of 211 year-on-year; the number of active oil rigs in Canada was 104, an increase of 10 from the previous month. A year-on-year increase of 30.
Affected by Friday’s market, international oil prices have fallen significantly this week, and the seven-week winning streak of New York oil prices and Brent oil prices has ended.
It is reported that the decline in oil prices is due to the expected progress in negotiations on the Iran nuclear deal. However, the rise and fall of international oil prices depends on many factors, because international oil prices fluctuated slightly at the opening of June 15. Brent crude oil rose to US$120 again after the opening of the market, while WTI crude oil fell slightly.
Coincidentally, on June 14, the domestic oil price of refined products just experienced an increase. Gasoline and diesel increased by 390 yuan and 375 yuan per ton respectively. After this price adjustment, 92# gasoline has entered the era of 9 yuan, and the oil price is relatively high. Hainan and other regions in China have reached about 10 yuan, and 95# gasoline has even reached 11 yuan.
According to CNPC Science,At present, the basis for determining the price of refined oil in my country is the “Measures for the Administration of Petroleum Prices”. The “Measures” stipulate that when the international crude oil price is higher than 80 US dollars per barrel, the processing profit rate will be deducted until the refined oil price is calculated according to the processing zero profit.
When it is higher than US$130 per barrel (inclusive), in accordance with the principle of taking into account the interests of producers and consumers and maintaining the stable operation of the national economy, appropriate fiscal and taxation policies are adopted to ensure the production and supply of refined oil, and gasoline and diesel prices are not mentioned or less in principle. carry.
It is worth mentioning that in 2008, when the international crude oil price was more than 140 US dollars, the domestic refined oil was sold at 8 or 90 US dollars. This was because in order not to pass on high oil prices to various industries, the national prices rose. , the state and three barrels of oil subsidize the high oil price of 165.2 billion yuan. The oil that originally cost 10 yuan was sold for 6.3 yuan, and each liter of oil subsidized the car owner 4 or 5 yuan.
In 2009, the reform of refined oil prices and taxes was implemented, road maintenance fees were included in gasoline prices, and the consumption tax was raised, which was about more than 1 yuan.
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