Recent crude oil prices are almost every day a new high, the day before brent crude oil prices rose to $91.21 / barrel, after the start of a new round of pricing oil prices are expected to continue to record an increase, but crude oil prices began to fall in yesterday's intraday, Brent also fell to $88.13 / barrel, oil prices rose or began to face some declines.
Crude oil prices still maintained their rally in the two trading days after the end of the last round of oil price adjustment, brent crude oil rose from $89.34 to $91.21 the day before, which is the fourth time since Wednesday to refresh the high in more than 7 years, but there is news that there is "significant progress" in the Iranian nuclear negotiations, and OPEC+ will continue to increase crude oil supply next month, and crude oil prices have temporarily stopped rising.
A spokesman for the Iranian Foreign Ministry said yesterday that the negotiations on the Iranian nuclear agreement in Vienna over the past three weeks, although there are still differences on some key issues, have made "significant progress", the latest round of negotiations began in December, the parties to the agreement on Iran's nuclear activities, the lifting of sanctions on Iran and other issues at the same time, the negotiations have ended late last week, and the delegates have returned to their respective countries to consult with their respective governments.
In addition to the iranian side announced the news of progress, Russia's special envoy to the talks said last week that the agreement between Iran and the United States may be reached as early as the end of February, and the United States' evaluation of the negotiations is also more optimistic, and the White House Middle East adviser said that we are within the range of possible agreement, and Iran, which is subject to U.S. sanctions, currently has about 2 million barrels / day of crude oil that cannot enter the market, which is a reason for the current market supply shortage.
Crude oil prices are also limited by OPEC+ raising its march crude oil production expectations, the market generally believes that OPEC+ will agree to increase crude oil production by another 400,000 barrels per day in March, and there is also news that Russia's crude oil production increased by 0.6% in January to 10.99 million barrels/day, higher than the OPEC+ quota requirement of 10.12 million barrels/day.
Some analysts believe that the upward trend of crude oil prices seems to be facing disintegration as the United States commits to working with some countries to solve the global energy supply problem, and as more and more countries impose travel restrictions and respond to rising cases, it may adversely affect crude oil.
Meanwhile, last December's monthly oil market report cut fourth-quarter oil demand slightly, largely taking into account Europe's containment measures and its impact on transportation fuel demand, and the analyst also expected crude oil prices to face a decline in the first quarter of 2022, a decline of nearly 20%.
However, expectations of a sharp rate hike in March have begun to cool as Fed officials say they will not brake sharply, and the recent consecutive declines in the dollar index have provided support for crude oil prices to avoid passive depreciation.
This oil price pricing because the Spring Festival holiday is still temporarily stuck in the first working day, crude oil prices closed down, resulting in oil prices facing some downside risks, but considering the delay in oil price pricing, crude oil rate of change may continue to run positively, temporarily expected to increase oil prices of 90 yuan / ton, this oil price adjustment will be launched on February 17.
Today, February 2, the latest adjustment of the retail price of gasoline No. 92 and No. 95 gasoline at the gas station