Domestic Oil Price Reduction Window Is Open Again.

The recent changes in international oil prices have been in line with the price adjustment standards stipulated by the NDRC. On the 28 th, the weighted average price change rate of crude oil in three places reached -4.13%.

As of July 28th

In recent years, international oil prices have been in a big fluctuation.

In July 22nd, before the oil price continued to fall, international oil prices also rose to a 11 month high of 79.30 US dollars / barrel.

Therefore, Yan Zhubing, a researcher at the state securities market, told the first financial daily that there is still uncertainty in the price adjustment of the NDRC in the near future because of the possibility that the crude oil change rate will be less than -4% within the near future.

Prior to this, PetroChina has launched preferential oil prices at specific time points in some petrol stations.

Zhuo Chuang information analysis said that if the NDRC adjusted prices in a timely manner, it would help to enhance the atmosphere of the trading market and encourage traders to replenish their products actively.

At present, in order to wait for price adjustment information, terminal agencies are cautious about buying goods, and the overall market turnover is dull.

The latest oil price adjustment of the NDRC was in June 1st, and the price of gasoline and diesel decreased by 230 yuan and 220 yuan per ton respectively.

According to the "oil price management regulations" issued by the NDRC, the domestic refined oil prices can be adjusted accordingly when the average price of the crude oil in the international market changes by more than 4% in 22 consecutive working days.