December 19 at 24 o'clock
Domestic refined oil
There will be a time window for price adjustments
This is also for 2023
The last oil price adjustment
Judging from the current trend of international oil prices
Domestic oil prices tonight
Promising: The largest decline within the next year
The reporter learned from the National Development and Reform Commission today that from 24 o'clock on December 19, domestic gasoline and diesel were reduced by 415 yuan and 400 yuan per ton respectively, which is also the sixth consecutive decline in domestic refined oil prices.
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 19, 2023, domestic gasoline and diesel prices (standard products, the same below) will be reduced by 415 yuan and 400 yuan per ton respectively. After the adjustment, the maximum retail prices of gasoline and diesel in various provinces (autonomous regions, municipalities) and central cities are shown in the attached table. The relevant price linkage and subsidy policies shall be implemented in accordance with the current regulations.
The three major companies of PetroChina, Sinopec, and CNOOC, as well as other crude oil processing enterprises, should organize the production and transportation of refined oil products, ensure a stable supply in the market, and strictly implement the state price policy. Relevant departments in all localities should intensify market supervision and inspection, strictly investigate and deal with behaviors that do not implement the state price policy, and maintain normal market order. Consumers can report price violations through the 12315 platform.
Attached: the maximum retail price of gasoline and diesel in all provinces, autonomous regions and municipalities and central cities
The national average is that No. 92 gasoline is reduced by 0.33 yuan per liter, No. 95 gasoline is reduced by 0.34 yuan per liter, and No. 0 diesel is reduced by 0.34 yuan per liter.
The reporter calculated an account, according to the general family car fuel tank 50L capacity estimate, a full tank of 92 gasoline, will cost 16.5 yuan less.
So far this year
The extent of the reduction in domestic oil prices
The biggest one was on May 16
At that time, gasoline and diesel per ton
They were lowered by 380 yuan and 365 yuan respectively
Converted to per liter
No. 92 gasoline was lowered by 0.3 yuan
No. 0 diesel was reduced by 0.32 yuan
This was followed by November 21
At that time, gasoline and diesel per ton
They were lowered by 340 yuan and 330 yuan respectively
Converted to per liter
No. 92 gasoline and No. 0 diesel
They were lowered by 0.27 yuan and 0.28 yuan respectively
Before this price adjustment, domestic gasoline and diesel have experienced "five consecutive declines". Taking No. 92 gasoline as an example, the cumulative reduction per liter is 0.55 yuan.
So far this year, domestic refined oil has experienced a total of "ten up, eleven down and three stranded", although the number of downward adjustments is more than one more times, but the actual rise and fall offset, gasoline prices are still up 365 yuan/ton compared with the beginning of the year, and diesel prices are up 350 yuan/ton compared with the beginning of the year. After the oil price is lowered tonight, domestic gasoline and diesel prices are finally expected to return to the level at the beginning of the year, and it is likely to be a few cents a liter cheaper than at the beginning of the year.
Netizen: "Finally waiting for you..."
The National Development and Reform Commission Price Monitoring Center predicts
Oil prices are likely to be volatile
During the price adjustment cycle, against the backdrop of "OPEC+" production cuts being less than expected, market concerns about slowing economic growth and sluggish demand continued to rise, and oil prices fell under pressure. U.S. gasoline inventories rose more than expected, and gasoline futures prices fell to their lowest level in nearly two years, adding to worries about weak demand.
The latest report from the U.S. Energy Information Administration has again lowered demand growth this year and next, while slashing the average crude oil price forecast for next year by 12%. Speculative funds took the opportunity to sell long positions in crude oil, and oil prices fell sharply. On average, the oil prices of Brent in London and WTI in New York fell by 6.77% and 6.92% respectively compared with the previous price adjustment cycle in this round of price adjustment cycle.
The National Development and Reform Commission's Price Monitoring Center predicts that in the short term, oil prices may fluctuate. On the one hand, the market's lack of confidence in the economic growth prospects will continue to put pressure on oil prices, and on the other hand, the recent attacks on oil tankers and other ships in the Red Sea and the geopolitical tensions in the Middle East will curb the downside of oil prices.
END
Source: National Development and Reform Commission website, Xinhua News Agency, CCTV Finance, PetroChina, Chengdu release, Xuzhou release, netizen comments
Editor: Berlin
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