When is the next round of price reduction after the oil price in Hefei has fallen for ten days?

The falling international crude oil price, after the "eight-day losing streak", still cannot support the domestic oil price. A new round of refined oil price adjustment window will open on June 28th+165438. During this pricing cycle, affected by the pattern of strong supply and weak demand in the international crude oil market, the international oil price trend continued to be sluggish. The market expects that the nine-day losing streak of refined oil products is a foregone conclusion. The industry believes that the bear market of international oil prices will continue for some time, and the possibility of a ten-day losing streak will not be ruled out.

165438+1October 28th is the 10th working day of this pricing cycle, and the gasoline and diesel price adjustment window will open at 24: 00 on that day. According to the current price change rate of a package of crude oil, the reduction rate is about one ton of 200 yuan.

If it is lowered, it will be the ninth consecutive downward adjustment of domestic gasoline and diesel prices since July this year, and it also constitutes the longest downward adjustment in the history of refined oil prices in China. Since July, the retail prices of No.90 gasoline and No.0 diesel have decreased by 1.65, 438+0 1 yuan and 1.25 yuan per liter respectively. "Domestic retail prices of gasoline and diesel generally fall back to the 6 yuan era".

During this pricing cycle, the international crude oil market is still weak in demand and strong in supply, and the foreign ministers of Russia, Mexico, Saudi Arabia and Venezuela failed to reach an understanding on the issue of oil production reduction during the talks. Despite the expectations of the industry, it is not optimistic whether an oil production reduction agreement can be reached at the ministerial meeting of the Organization of Petroleum Exporting Countries (OPEC) held in Vienna on the 27th.

Since the second half of this year, domestic refined oil prices have been in the downward channel, and the "eight-day losing streak" of oil prices has brought many benefits to private car owners, logistics and transportation and other oil users. The monthly fuel consumption cost of private car owners is reduced by about 178 yuan, based on the model that runs 2000 kilometers per month and consumes 8 liters per 100 kilometers. For logistics enterprises, taking a truck with a load of 50 tons as an example, the fuel consumption of heavy-load driving1000 km is about 40 liters, and running 10000 km per month reduces the fuel consumption cost by about 5000 yuan per month.

On the other hand, the continuous downward adjustment of the retail price of gasoline and diesel makes the refined oil processing and sales enterprises face the risk of falling profits. In the continuous decline, most traders choose to reduce inventory and purchase goods on demand.

Zhongyu Information, a market organization, believes that the next round of price adjustment is not obvious at present. If the Organization of Petroleum Exporting Countries can't reach a production reduction agreement on the 27th, it is expected that the "ten-day losing streak" of domestic refined oil products will not be far off.