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Domestic gasoline "turned upside down", how about the price of 92 and 95 gasoline after the adjustment in May

author:Tech Farm

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Recently, domestic gasoline prices have experienced a rare "falling sky" phenomenon, which has aroused widespread concern from all walks of life. With the continuous decline of international oil prices, domestic oil prices have also ushered in a substantial adjustment. This article will analyze in detail the changes in the prices of 92 and 95 gasoline after the adjustment in May and the reasons behind them through in-depth interviews, data analysis, and case explanations.

Domestic gasoline "turned upside down", how about the price of 92 and 95 gasoline after the adjustment in May

1. Background of domestic gasoline price adjustment

Against the backdrop of the global economic slowdown and reduced energy demand, international oil prices have shown a continuous downward trend recently. Brent crude oil and U.S. crude oil, the two major international oil price benchmarks, have been hit hard, and international oil prices have fallen as much as 7% in the past week. This wave of falling oil prices quickly swept the world and also had a significant impact on domestic oil prices.

Second, the adjustment of domestic gasoline prices

According to the announcement of the National Development and Reform Commission, the domestic oil price adjustment window in May was officially opened at 24 o'clock on May 15. According to the changes in crude oil prices in the international market, domestic gasoline and diesel prices (standard products, the same below) are reduced by XXX yuan and XXX yuan per ton respectively. Equivalent to the price increase, No. 92 gasoline per liter is reduced by 0. XX yuan, No. 95 gasoline per liter down 0. XX yuan.

This adjustment has hit a new high this year, which is undoubtedly good news for the majority of car owners. With the reduction of domestic oil prices, the cost of car travel will be effectively reduced, which will help ease the pressure on consumers in terms of cost of living.

3. Analysis of the reasons behind the price adjustment

1. The impact of the decline in international oil prices: The continuous decline in international oil prices is the main reason for the adjustment of domestic oil prices. Against the backdrop of a global economic slowdown and reduced energy demand, the oversupply of crude oil has led to a continued decline in international oil prices. This trend not only affects the international market, but also directly transmits to domestic oil prices.

2. Reform of the price formation mechanism of refined oil products: In recent years, the price formation mechanism of refined oil products in the mainland has been continuously reformed and improved, and it has gradually been integrated with the international market. According to the current refined oil price formation mechanism of "crude oil will fall, I will fall, and I will be the same as the world", when the price of crude oil in the international market changes, the domestic oil price will also be adjusted accordingly. This mechanism helps to better reflect market supply and demand and ensure energy security.

3. Promotion of environmental protection policies: With the continuous strengthening of environmental protection policies, clean energy and new energy vehicles have gradually become the future development trend. In order to encourage consumers to use clean energy and new energy vehicles, the government has reduced the cost of using traditional fuel vehicles by reducing oil prices, thereby promoting the popularization of clean energy and new energy vehicles.

Domestic gasoline "turned upside down", how about the price of 92 and 95 gasoline after the adjustment in May

4. In-depth interviews and case explanations

To gain a deeper understanding of the impact of domestic gasoline price adjustments and consumer reactions, we interviewed several car owners and industry experts.

1. Owner reaction

In interviews, many car owners said they were very happy with the reduction in oil prices. A car owner surnamed Zhang said: "The big drop in oil prices this time is really good news for those of us who drive a lot. Now it is a lot cheaper to fill up a tank of fuel than before, and the cost of travel has also been reduced a lot. ”

Another car owner, surnamed Li, said: "The reduction in oil prices is also good for those of us who use new energy vehicles. Although the cost of using new energy vehicles is relatively low, the lower oil price means that the cost of using traditional fuel vehicles is also decreasing, which helps to promote the competition and development of the new energy vehicle market. ”

2. Views of industry experts

When interviewing industry experts, they generally believe that the current oil price reduction is the result of the combined effect of changes in market supply and demand and the decline in international oil prices. An energy industry expert said: "This oil price cut is in line with market expectations. With the global economic slowdown and reduced energy demand, the oversupply of crude oil has led to the continued decline in international oil prices. At the same time, the continuous improvement of the domestic refined oil price formation mechanism also enables domestic oil prices to better reflect the market supply and demand. ”

Another expert in the automotive industry said: "The reduction in oil prices is good news for the automotive industry. First of all, it helps to reduce the cost of car travel and stimulate consumers' willingness to buy cars; Secondly, it also helps to promote the development of the new energy vehicle market. With the reduction of the cost of traditional fuel vehicles and the continuous progress of new energy vehicle technology, the new energy vehicle market is expected to usher in a broader development space in the future. ”

Domestic gasoline "turned upside down", how about the price of 92 and 95 gasoline after the adjustment in May

V. Conclusions and prospects

In short, the phenomenon of domestic gasoline "falling upside down" is the result of the combined effect of changes in market supply and demand and the decline in international oil prices. With the reduction of domestic oil prices, the cost of car travel will be effectively reduced, which will help ease the pressure on consumers in terms of cost of living. At the same time, it also provides strong support for the development of clean energy and new energy vehicles. In the future, with the continuous improvement of energy policy and changes in the market environment, domestic oil prices will show a more reasonable trend.

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