Entering 2024, domestic refined oil prices will usher in a new wave of adjustment!
According to the domestic refined oil price adjustment mechanism, the first adjustment of oil prices in 2024 will be carried out at 24 o'clock on January 3 (Wednesday). According to data from professional monitoring agencies, on December 29, 2023, the domestic reference crude oil change rate on the 8th working day was 5.18%, and gasoline and diesel are expected to increase by 225 yuan/ton.
Although there are still two working days before the official increase, judging from the current forecast data, the oil price increase will be a high probability event. According to the current increase range, it will be increased by 0.17-0.19 yuan/liter after being converted into an increase in price. Car owners who want to fill up a 50L car need to spend an extra 9-10 yuan. After traveling during the New Year's holiday, you must remember to fill up your tank in advance!
Looking back on the adjustment of oil prices in 2023, there will be a total of 25 rounds of adjustments throughout the year, which are "10 up, 12 down and 3 stranded". Among them, the direction of the last six rounds of adjustment is downward. After offsetting each other, the cumulative reduction of standard gasoline and standard diesel in 2023 will be 50 yuan/ton, and after the price increase, 92# gasoline, 95# gasoline and 0# diesel will all be reduced by 0.04 yuan/liter. If the oil price increase lands, it will end the "six consecutive declines" market in the early stage.
In terms of international oil prices, oil prices bottomed out and rebounded in the early stage during the observation period, and have recently rebounded.
Source: China Fund News
Editor-in-charge: Mo Kaijing
Editor: Liu Ying
Final review: Zhou Jianjun