After three consecutive declines, the price of domestic refined oil products ushered in an upward adjustment To fill a tank of oil cost more than 5 yuan

After three consecutive declines in oil prices, domestic refined oil prices have turned upwards again.

According to the news released on the official website of the National Development and Reform Commission, according to the recent changes in oil prices in the international market, according to the current refined oil price formation mechanism, from 24:00 on December 31, 2021, the domestic gasoline and diesel prices (standard products, the same below) will increase by 140 yuan and 135 yuan per ton respectively. The discount price of 92# gasoline and 95# gasoline were raised by 0.11 yuan and 0.12 yuan respectively.

Based on the calculation of ordinary private cars with a fuel tank capacity of 50L, after this price adjustment, car owners will spend about 5.5 yuan more to fill a tank of fuel; according to the 100-kilometer fuel consumption of 7L-8L models in the urban area, the average cost of driving 100 kilometers will increase by about 0.8 yuan. For large logistics transport vehicles loaded with 50 tons of goods, the fuel cost increased by about 4.4 yuan on average every 100 kilometers. This price adjustment has increased the cost for private car owners and logistics companies.

After this round of price adjustment, the price of car firewood in most parts of the country is about 6.8 yuan - 7.0 yuan / liter, and the retail price limit of 92# gasoline is 6.9 yuan - 7.1 yuan / liter. This price adjustment will increase the cost of oil for private car owners.

According to the analysis of Longzhong Information, the international oil prices in this round of price adjustment cycle showed an upward trend, and the main influencing factors are as follows:

For the week ended December 24, U.S. crude inventories fell by 3.576 million barrels, refined oil inventories by 1.726 million barrels, and gasoline inventories by 1.459 million barrels.

On December 21, European gas prices rose more than 20 percent, again hitting record highs as a key Russian gas pipeline to Germany changed direction and continued to boost winter demand expectations for crude oil.

Uk health agencies say the Omicron strain has caused cases with a lower likelihood of hospitalization than Delta, and its pathogenicity may be lower than previously expected.

U.S. regulators approved Merck's COVID-19 oral drug, which, according to laboratory data, remains effective against the Omicron variant.

Despite the rapid spread of the Omicron strain, most confirmed cases so far have mild symptoms, giving the market still confidence in the demand outlook.

U.S. Strategic Crude Reserve (SPR) inventories fell to their lowest levels since November 2002, and Midwestern refined inventories fell to their lowest levels since December 2020.

Countries and Iran resumed talks on restarting the 2015 nuclear deal, but the talks appear to have made little progress in boosting Iran's crude oil exports. There are increasing signs that Omicron's symptoms are milder than previous generations of mutant strains, the United States has cut the quarantine time of confirmed cases by half, and market concerns about the imposition of epidemic lockdowns and restrictions on economic activity are fading.

According to the statistics of Longzhong Information, after this round of price adjustment, the price adjustment bureau in 2021 is "fifteen up, six down and four stranded".

Proofread by Li Ming