Oil prices are going up again!
The time window for the fourth domestic oil price adjustment in 2022 will open at 24:00 on March 3, and three oil price adjustments have been carried out since 2022, all three times have shown an increase, and the price of No. 92 oil has risen from 7.14 yuan at the beginning of the year to the current 7.81 yuan, and according to the current trend, oil prices may continue to rise on March 3.
Since December 2021, crude oil prices have risen all the way, successively breaking through 80, 90 US dollars / barrel, affected by the situation in Ukraine, coupled with the western countries to strengthen sanctions against Russia, international oil prices rose in response, New York's April oil market closed at $95.72, up 4.51%. London Brent's April oil futures oil was trading at $100.99 a barrel, breaking the $100 mark. The rise in international crude oil prices, in the long run, because the production of shale oil in the United States is less than expected, coupled with the fact that as the number one player in the crude oil market, the spare crude oil production capacity held by the OPEC organization is unwilling to release it, and has been adhering to the previous production increase plan, resulting in an imbalance between supply and demand in the international crude oil market. In the short term, the conflict between Russia and Ukraine has exacerbated global tensions, triggering market concerns about the supply of crude oil, although the current sanctions of European and American countries do not include crude oil, but if the situation develops further, it is likely to affect the global crude oil market, after all, Russia is the world's third largest crude oil producer and the second largest crude oil exporter.
However, there is also good news, if oil prices continue to rise this year, after reaching the $120 mark, it will trigger the ceiling price of the domestic refined oil product mechanism, and then if oil prices rise, domestic oil prices will not be adjusted again.
For many fuel car owners, this year's oil prices have risen all the way, but also let many car owners have to say hardships, the car still has to continue to drive, but the burden of oil prices is indeed getting heavier, many car owners are also ready to buy a new energy model, as a daily transportation use, but the problem is that affected by the rising price of raw materials such as batteries, the price of new energy models this year is also rising, it seems that now is not a good time to start new energy models.
Here I suggest that you still wait and see, do not easily sell fuel vehicles, switch to the embrace of new energy, because the current form is not clear, international crude oil will experience a period of shock, the trend is not clear, new energy models this year has also experienced a big price adjustment, the current situation, we can choose public transportation as much as possible, waiting for the solution to the Russian-Ukrainian problem, then it is not too late to do the choice.