Recently, the international situation has continued to be turbulent, and the situation between Russia, Ukraine and the Middle East has become increasingly tense, resulting in international oil prices fluctuating and climbing.
In the blink of an eye, it is time window for domestic oil price adjustment. Judging from the current performance of international oil prices, at 24 o'clock tomorrow (April 16), the increase in oil prices is a certainty, and the increase may be comparable to the last time.
According to the analysis of the agency, as of the 8th working day of April 12, the change rate of international crude oil is 4.43%, and the increase in gasoline and diesel is expected to be 190 yuan / ton, which is converted to 0.15 yuan to 0.17 yuan per liter, and the specific increase depends on the performance of international oil prices today and tomorrow.
So far this year, the adjustment of domestic oil prices has shown a pattern of "four rises, one fall and two strandings", and if we do not consider the two stranded price adjustments in the middle, oil prices will actually usher in "four consecutive rises" tomorrow night.
The reduction in crude oil supply due to the continued geopolitical turmoil and the strengthening of crude oil demand driven by the global economic recovery are the main reasons for the recent volatility of international oil prices. Fortunately, there is no further escalation of the conflict between Israel and Iran for the time being. On Friday, New York and Brent crude oil futures both hit new highs in nearly half a year before retreating, with New York crude oil futures hitting as high as $87.67 per barrel and Brent crude oil futures hitting as high as $92.18 per barrel. However, since the beginning of this year, by the close of last Friday, New York crude oil futures have risen by 19.26%, and Brent crude oil futures have also risen by 17.02%.
For the next trend of international oil prices, the major investment banks on Wall Street believe that crude oil output cannot keep up with the demand for economic recovery, coupled with the turmoil in Russia, Ukraine and the Middle East, oil prices will continue to rise. JPMorgan Chase, Goldman Sachs and others have recently raised their crude oil price targets, and international oil prices are expected to soar to more than $100 per barrel this year.
Source: Chao News, Cloud News
Editor-in-charge: He Dan
Responsible proofreading for Cat Enbo
Editor-in-chief: Yan Yun
Final Review: Editorial Board Member Li Rong