International oil prices have risen sharply, will the retail price of domestic refined oil products enter the "9" era? Some car owners joked that it was not far from running to work. Some netizens are talking about oil prices, some say it will rise, some say it will fall. Some people say that they can afford to buy a car and can afford to spend. In short, no matter what the outside world is, the economic strength of your family is very important.
Supply worries subsided, data from several market agencies, closed lower on Thursday. As of the sixth working day of March 11, the average price of the reference crude oil variety was 116.67 US dollars / barrel, the change rate was 17.97%, and the corresponding domestic gasoline and diesel retail price should be raised by 1020 yuan / ton. For the time being, it is expected that the retail price limit of refined oil products will be raised by 1020 yuan / ton. Once implemented, this will be the largest price adjustment since the implementation of the current mechanism. Of course, this is the current data. There are still a few days before March 17, how the latest situation needs to continue to be observed, and finally, we need to observe the next crude oil trend, waiting for the authoritative notice of the National Development and Reform Commission at that time.
The average price of the reference crude oil variety is 116.67 US dollars / barrel
Recently, many people have been paying close attention to the situation in Ukraine and international oil prices. International crude oil once exceeded 130 US dollars / barrel. In A-shares, the oil and gas sector has risen sharply many times. Some of the friends who were driving also chatted.
According to the "ten working days" principle, the new round of price adjustment window is 24:00 on March 17.
This time, how much will the price of domestic refined oil products rise? Recently, data from a number of market institutions show that as of the sixth working day of March 11, the average price of reference crude oil varieties was 116.67 US dollars / barrel, the rate of change was 17.97%, and the corresponding domestic gasoline and diesel retail prices should be raised by 1020 yuan / ton.
Supply worries subsided, data from several market agencies, closed lower on Thursday. As of the sixth working day of March 11, the average price of the reference crude oil variety was 116.67 US dollars / barrel, the change rate was 17.97%, and the corresponding domestic gasoline and diesel retail price should be raised by 1020 yuan / ton. For the time being, it is expected that the retail price limit of refined oil products will be raised by 1020 yuan / ton. Once implemented, this will be the largest price adjustment since the implementation of the current mechanism.
As we all know, the main reason for the recent rise in international oil prices is the conflict between Russia and Ukraine. At present, governments are taking steps to reduce consumer pressure and inflationary pressures.
Crude oil supply can not escape sanctions affect WTI hit a nearly fourteen-year high. Jinlianchuang analysts said that this week (3.3-3.9), WTI this week average price of 115.03 yuan / barrel, up 16.20 US dollars / barrel, or 16.40% from the previous period; Brent this week average price of 118.18 US dollars / barrel, up 15.00 US dollars / barrel, or 14.54% from the previous period. The average price of the main contract of Shanghai crude oil futures was 734.60 yuan / barrel, up 117.34 yuan / barrel from the previous week, an increase of 19.01%.
In terms of futures, the international crude oil futures price showed a trend of rising and falling, and the average price of the two oils in the United States and Burundi rose sharply compared with last week. During the week, the russian-Ukrainian conflict situation and the sanctions it triggered in Europe and the United States remained the focus of market attention, and investors' concerns about tighter supply became the main factor boosting oil prices. Investor concerns about supply disruptions in the crude oil market continue to heat up, with oil prices moving higher further. In addition to the Russo-Ukrainian war, the reduced likelihood of a rapid return of Iranian oil to the market is also positive for oil prices.
Late in the week, international oil prices plummeted, on the one hand, OPEC+ production hit the largest increase in 7 months, and some oil producers have a change in their attitude towards increasing production, the UAE said it will call on OPEC+ members to accelerate the increase in oil production, investors' concerns about the lack of global crude oil supply have eased. In addition, and Ukraine hinted at a compromise to cool the market situation, Ukrainian President Zelenskiy said he was ready to make a partial compromise with Russia to end the Russian-Ukrainian conflict.
Technical level: As of the 9th, WTI closed at $108.70 / barrel, down $1.90 / barrel or 1.72% month-on-month; as of the week of the 9th, the weekly average price of WTI was $115.03 / barrel, up 16.20 US dollars / barrel 16.39% month-on-month. From the perspective of morphology, the KDJ indicator line is extended in the strong area, indicating that the oil price trend is unclear; the MACD indicator line extends upwards in the strong area, and the red kinetic energy column expands, marking the bullish oil price.
Supply worries subsided on Thursday when crude oil closed lower
Jinlianchuang crude oil analyst Han Zhengji said supply concerns had subsided on Thursday, and crude oil closed down
Crude oil continued to close lower on Thursday, March 10, as Russia pledged to meet its contractual obligations, supply concerns subsided and investors took profits.
The New York Mercantile Futures Exchange WTI April crude spot contract closed down $2.68, or 2.47%, at $106.02 a barrel.
The Meagurus Brent Spot Contract for May closed down $1.81, or 1.63%, to $109.33 a barrel.
Shanghai crude oil prices fell at night, and the main period of about SC2204 closed at 685.8 yuan / barrel, down 56.3 yuan / barrel, down 7.59%.
For the next trend, Xu Peng, an analyst of refined oil products, said that the current international situation is complex, the situation between Russia and Ukraine is still advancing negotiations, but in the short term, the conflict may be difficult to have a substantial easing, the Sanctions imposed by the United States and EU countries on Russia are still going further, there are variables in OPEC oil producers and Iran's increase in production, and many uncertainties may keep the recent international crude oil prices at a high level of wide range.
What do you think about oil prices?
Huashang Daily reporter Huang Tao