Oil Prices 3rd or Biggest Year Increase Plus One Tank of Oil Cost Extra 10 Yuan | Domestic Refined Oil – Financial News

Original title: oil price the 3 or the largest increase of the year plus a tank of oil to spend 10 yuan

A new round of price adjustment windows for domestic refined petroleum products will open on the 3rd. According to the agency’s estimates, the retail price of gasoline and diesel could reach the largest increase of the year. According to the calculation of the 50-liter fuel tank of a private car, filling a tank with fuel will cost almost 10 yuan.

During the current price cycle, the market has maintained optimistic expectations for the extension of production cuts by OPEC (OPEC) Spurred by positive news such as discoveries in research on new corona vaccines, international oil prices have been pushed up.

Overall, the recent international oil price trend is strong and the current domestic refined oil retail price cycle is expected to increase sharply. According to Jinlianchuang’s calculations, as of December 1 (the eighth business day of the current price adjustment cycle), the average price of the benchmark crude oil varieties was USD 46.60 / barrel and the rate of change was 9.35%. Corresponding retail prices for petrol and diesel are expected to be raised. 240 yuan / ton, equivalent to the price increase, 0 diesel fuel rose 0.21 yuan per liter, 92 gasoline rose 0.21 yuan per liter.

Petroleum products analyst Li Yan expects the theoretical increase in domestic refined oil prices by December 3 to be around 250 yuan / ton. If this 250 yuan increase is officially implemented, it will be the biggest oil price hike this year. According to the calculation of the 50-liter fuel tank of a private car, it will cost almost 10 yuan more.

If the price of oil rises by 3, the adjustment of the domestic refined oil price in 2020 will show a pattern of “six rises, five falls and 12 strands”. The next round of price adjustment windows will open at 12pm on December 17, 2020.

Looking ahead, there are still positive factors in the international crude oil market in the near future and the next round of refined oil price adjustments are expected to be more likely.

Analyst Zou Xuelian believes that “OPEC’s regular meeting will be changed to December 3 and the results of the meeting are still subject to large variables. Rising crude oil prices are hampered. The news is facing a weakening of support from the market and the crude oil market in general may tend to fluctuate. The reference rate of change of oil price adjustments can fluctuate within a narrow range around 0. “(China News Network)