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Tomorrow! Oil prices will rise!

author:8 degree video
Tomorrow! Oil prices will rise!

The reporter learned from a number of institutions that at 24 o'clock on January 31, the mainland refined oil price adjustment window will be opened again. At that time, the domestic gasoline and diesel will rise by about 180 yuan/ton, ushering in the second increase in 2024.

Tomorrow! Oil prices will rise!

Liu Bingjuan, an analyst at Longzhong Information, said that the rate of change in this round of price adjustment cycle is positive, and the main influencing factors are: geopolitical instability is still continuing; OPEC+It is likely that its crude oil production level for April and beyond will be decided in the coming weeks, and further delays in production cuts cannot be ruled out; as the traditional holiday of the Spring Festival approaches, it may boost the demand for crude oil; the recent significant reduction in crude oil inventories in the Cushing area of the United States has supported WTI crude oil futures; officials in the US state of North Dakota said that it may take a month for the state's crude oil production to recover, the state is the third largest crude oil producing state, and extreme weather caused production to cut production by more than half last week, etc.

January 30 is the ninth working day of this pricing cycle, and the price adjustment window will open at 24 o'clock on January 31. According to the average price change rate of crude oil, Longzhong Information calculates that the oil price increase is predicted to be about 180 yuan/ton. If the price is raised this time, based on a 70-liter fuel tank, private car owners will spend about 9 yuan more to fill up a tank of fuel.

After this round of price adjustment, the price adjustment bureau in 2024 will become "two rises and one fall and zero stranding".

Source: Beijing Youth Daily, Beijing time

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Tomorrow! Oil prices will rise!