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Finished oil retail price limit adjustment will be stranded in the first round of the year
People's Network - Energy Channel
People's NetworkBeijing, March 14 (Reporter Yu Wei) The National Development and Reform Commission has just issued a notice that since the domestic refined oil price adjustment on February 28, 2019, the oil price in the international market has fluctuated slightly, according to the current domestic refined oil price mechanism, March 14 The average price of the first 10 working days is less than 50 yuan per ton compared with the average price of 10 working days before February 28. According to Article 7 of the "Measures for the Administration of Petroleum Prices", the prices of gasoline and diesel oil will not be adjusted, and the unadjusted amount will be added or offset when the next price adjustment is made.
Image source: National Development and Reform Commission website
Zhu Tingting, an oil product analyst at Zhuo Chuang Information, said that as of the ninth working day of March 13, Zhuo Chuang measured the rate of change of crude oil to -0.31%, corresponding to a reduction of oil price of 15 yuan / ton, less than 50 yuan / ton price adjustment Red line, the domestic retail oil retail price limit adjustment suffered aground, missed the "five consecutive rises."
According to statistics, since the beginning of 2019, the retail price limit of domestic refined oil products has achieved “four consecutive rises”. The cumulative increase of gasoline and diesel oil is 670 yuan/ton, 645 yuan/ton, equivalent to price increase, 92# gasoline and 0# diesel per The increase was 0.53 yuan and 0.55 yuan respectively.
"In the later period, OPEC's efficient production reduction will continue to maintain, which will push the international oil price up. The recalculated crude oil change rate may be transferred to a positive value. It is expected that the next round of pricing cycle, domestic refined oil will still face upward adjustment." Jia Tingting said.
Review of domestic refined oil price adjustment in 2019
At 24 o'clock on February 28, 2019, domestic gasoline and diesel prices increased by 270 yuan and 260 yuan per ton respectively.
At 24 o'clock on February 14, 2019, domestic gasoline and diesel prices increased by 50 yuan per ton.
At 24 o'clock on January 28, 2019, domestic gasoline and diesel prices increased by 245 yuan and 230 yuan per ton respectively.
At 24 o'clock on January 14, 2019, domestic gasoline and diesel prices increased by 105 yuan per ton.
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