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The domestic product oil pricing window will be open again at 2400 hours on 24 september. A number of drivers have felt that oil prices are continuing to rise when they refuel recently. With this adjustment in mind, domestic oil prices have risen four times in almost two months, the current round is forecasted to rise sharply, and many driving friends are concerned about how much it costs to refuel and whether oil prices will continue to rise。
A brief description of the rules governing the adjustment of domestic oil prices would facilitate understanding of subsequent changes. The domestic price of finished oil is calculated by reference to the volatility of international crude oil prices, in accordance with a 10-day adjustment mechanism, rather than rising or falling. Prior to each increase, the agency will measure the corresponding amount of the adjustment based on the real-time movement of international crude oil, which is only a forecast of the eventual increase or decline in the amount to be officially announced by the commission. Many would see forecasts as the end result, and here it is recalled that international crude oil prices fluctuate rapidly and prices change significantly a few days before the window closes, with the final price adjustment changing。
Looking back at the oil price trends of the last two months, the four consecutive increases broke a period of small shocks. This round of oil prices has continued to rise, again due to changes in supply and demand in the international crude oil market. On the one hand, some oil-producing countries have continued to implement production reduction plans to reduce the external supply of crude oil, and the total volume of crude oil available for circulation in the market has become smaller, supporting the price of oil; on the other hand, global oil demand has not been significantly weakened, adding to the uncertainties associated with the geomorphological situation, and international crude oil prices as a whole have been operating at a high level and are transmitted directly to the price of domestically produced oil。
One might wonder whether domestic oil prices have increased as a result of an increase in international crude oil, and have become sensitive. In fact, the pricing mechanism has ceiling and floor price protection. When international crude oil is higher than $130 per barrel, domestic oil prices are limited; below $40 per barrel, there is no downward adjustment. Now that international crude oil prices are in the middle zone, the rise and fall in international crude oil are more directly reflected in the adjustment of domestic oil prices。
The most important thing for our average car owner is the price increase. How much more will it cost to fill a box of oil? On the basis of current institutional estimates of the increase, it is estimated that, for example, 50 litres of gas tanks for domestic cars, an additional cost of $10 would be expected if the current round were to be lifted up and filled with a box of 92 gasoline. Daily commuters drive to and from work on a daily basis, refuelling two or three times a month, which accumulates, leading to a marked increase in expenditure on fuel. Those who drive vans and networked cars feel much better, and fuel costs increase, directly affecting day-to-day operating expenses。
In addition to private car owners, changes in oil prices can indirectly affect the lives of ordinary people. Completed oil is the basic cost of the logistics industry, and the cost of long-distance transportation will be under pressure when freight trucks are transporting couriers, fresh and fresh goods, and fuel costs rise. However, there is no need to be overly concerned that the cost transfer associated with a single upturn in oil prices is slow, does not immediately result in a significant increase in consumer prices, but is sustained in the long run, and is slowly transmitted to logistics and fresh distribution。
A lot of friends have a gas habit of piling up at the gas station the night before the price increase. Here is a reminder of rational arrangements. If the projected increase is modest, it is not necessary to make a deliberate effort to line up overnight before the price adjustment, to concentrate night traffic at the gas station, and to wait in line for minor accidents, such as stifling, which is time-consuming. If the increase in the current round is substantial and there is a need for refuelling, the peak can be filled earlier than necessary without having to make a trip。
There are also a number of netizens asking whether oil prices are likely to fall after successive increases. Current market information suggests that short-term international crude oil support factors are still present and that it is difficult to decline rapidly and substantially in the short term. However, many variations in the crude oil market, such as changes in the global economy, adjustment of production by oil-producing countries and weather effects on oil extraction transport, will change the subsequent trends. Each subsequent pricing window is likely to be downgraded or stranded and oil prices will not continue to rise in one direction。
To share several practical options for saving oil, fuel consumption can be appropriately reduced at a time when oil prices are high. First, vehicles are regularly maintained, air cores are cleared in a timely manner and tire pressure is checked. Low tyre pressure increases tyre rolling resistance and fuel consumption increases significantly. Secondly, daily driving avoids frequent and rapid speed and brakes, and is more fuel-efficient at even speed; urban congestion and frequent parking can lead to high fuel consumption. Thirdly, the vehicle should not contain large amounts of idle heavy loads on a permanent basis, the heavier the body of the vehicle, the higher the fuel consumption; while travelling at high speed, the windows are open and the wind is becoming more resistant, which also increases fuel consumption。
And the other thing is, when you refuel, you don't have to be blindly pursuing high-profile gasoline. It is sufficient to recommend markings in accordance with the vehicle description. For example, the original vehicle plant required the addition of no. 92, which did not need to be added to no. 95 in the long term, which would not increase power and would only increase the cost of fuel. The labels represent only blast resistance and do not represent cleanness or low energy, on which many car owners are prone。
Every time the oil price adjustment comes out, there's a lot of noise on the internet. It was felt that oil prices were under considerable pressure and that daily commuter costs were increasing; it was also felt that international crude oil prices themselves were volatile and that domestic pricing mechanisms were relatively stable. In objective terms, oil is a global commodity, prices are influenced by multiple factors, and the rise and fall are market normal. We, the average people, are unable to influence the oil price trend, but we have to keep up with the timing of price increases and plan our fuel well, while at the same time developing good car habits and reducing unnecessary fuel consumption。
Today's oil price adjustment schedule (fujianquan, 21 september, 24 september before the 2400 mark)
Note: for the current current retail prices before the adjustment, a new rotation price was opened on 24 september at 2400 hours (i. E., 25 september at zero) and the current round is an institutional forecast of an increase, not a final result of the commission
The current retail price ($/l) is projected to increase ($/l) for the current round
92 # petrol 8. 25 0. 47 8. 72 + $23. 5
95 # petrol 8. 81 0. 50 9. 31 + $25
98 # petrol 10. 31 0. 52 10. 83 + 26
0#diesel 7. 96 0. 49 8. 45 + $24. 5
Summary of current oil prices in the major cities of the country (dollars/litres, before adjustment)
Region 92# 95# 98# 0# diesel
Beijing 8. 29 8. 83 10. 33 8. 02
Shanghai 8. 25 8. 78 10. 78 7. 95
Guangdong 8. 31 9. 00 11. 00 7. 98
Jiangsu 8. 26 8. 7 10. 86 7. 93
Zhejiang 8. 26 8. 84 10. 92 7. 94
Shandong 8. 26 8. 86 9. 86 7. 88
Additional information (available directly in your headline article)
1. Price-fixing window: ** effective 24 september at 2400 hours (25 september at 0)** and refuelling or performance during the day of 24 september
2. Projections for the current round: diesel fuel is expected to increase by about $580 per ton, with an estimated increase of 0. 44 to 0. 52 per litre; if international crude oil continues to decline during the remaining price cycle, the projected increase will continue to narrow and the final price will be issued by the nrc
3. Price adjustment records for the last two months (four increases)
- first: at 2400 hours on 31 july, up
- second: 14 august at 2400 hours, up
- third: 28 august at 2400 hours, up
- fourth: 11 september at 2400 hours, up
- fifth: 24 september at 2400 hours
I will also follow up on the final outcome of the current round of oil prices and projections for the next rotation window. I will be able to update the exact amount of the increase and fall in the first place, as soon as the price is set on september 24th。
