The price of oil may rise for the fifth time in the year, and it will cost about 32 yuan more to add a box of oil

2022-03-17

At 24:00 on March 17, the price adjustment window of domestic refined oil will open again. Recently, the international oil price has risen sharply. Analysts expect that the domestic oil price will rise accordingly, becoming the fifth rise in the year. According to Jin Lianchuang's calculation, as of March 16, the average price of the reference crude oil varieties in the current price adjustment cycle of the oil price was US $113.17/barrel, with a change rate of 14.88%. The corresponding domestic retail price of gasoline and diesel should be increased by 820 yuan / ton. The increase is expected to be around 800 yuan / ton, the largest increase since the new pricing mechanism in 2013. Equivalent to the price rise, the price of No. 92 gasoline and No. 0 diesel may rise by 0.64 yuan and 0.70 yuan respectively. Take an ordinary private car with a fuel tank capacity of 50 litres as an example. Filling up a tank of oil will cost about 32 yuan more than before. Recently, Europe and the United States decided to take further sanctions against Russia. The situation in Russia and Ukraine was tense, the market supply continued to be blocked, and the price of crude oil soared to a new high since 2008. Subsequently, concerns about crude oil supply eased, the epidemic rebounded in some countries and regions, curbed demand, and international crude oil prices fell from a high level. Looking forward to the future, Zhong Jian of Zhuo Chuang Information Research Institute believes that although the current oil price is still high, the settlement price of forward transactions has been falling all the way. Its settlement price in September was $92 and that in December was only $87. This shows that both parties to the transaction do not recognize the expectation of high oil prices in the future. Xi Jiarui, an analyst at jinlianchuang, said that the continuous sharp decline in crude oil prices in recent days belongs to the rational return of oil prices. If geopolitical sentiment does not continue to deteriorate, the international oil price is more reasonable, and the operating range is $90-100 / barrel; If the geopolitical situation is deeply eased, the international oil price should fall below $90 / barrel. Combined with the basic environment of the current crude oil market, the relatively reasonable operation range is $80-90 / barrel. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Ecns.cn

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