The domestic end product oil price arrives at the decline window time

Xinhua News Agency news according to “Shanghai Negotiable securities”, recently the world oil price shook Pan Zheng, by 24th, three place crude oils (Brunt, Dubai and Xin) the weighted consecutively 22 working day’s running mean decline ranges has surpassed 4%, at the end of the month the domestic refined oil retail price will decline, has reached the consensus in the field.

According to coming from survey of the professional institution easy trade information demonstrated that the reference recent 1 month three place crude oils shut the market price every day, only if the WTI stock will shut the market price even price in the next few days placed 73.4 US dollars/above barrel, otherwise, to the end of the month, 22 working day three place crude oil running mean decline range is doomed over 4%. The market public figure believes that the supply and demand surface does not support the world oil price to rise temporarily largely. The data demonstrated that by 18th, when the week American crude oil stock dramatically increases 2.855 million barrels, before this market estimates to drop 1.5 million barrels. But the supply side, the headquarters indicated located at oil tanker data follower OilMovements24 date in Britain, it is estimated that the OPEC member by in the October 10 4 weeks, the petroleum date shipping out quantity 4 weeks will be increasing 160,000 barrels before this, simultaneously estimated that the OPEC volume of oil export will grow gradually.

The easy trade information to believe that by the present domestic gasoline and diesel oil highest retail price computation, if at the appointed time three place crude oil decline range is 4%~5%, then under the theory the am depth is 300~400 Yuan/about ton. But because state development and reform commission adjusts prices does not arrive frequently, actual decline range or only in 200 Yuan/about ton.

No matter state development and reform commission whether will announce before National Day reduces prices, the market has made own choice. Takes Henan as the example, compared with 2nd, China Petroleum and Chemical Corporation’s No. 93 gasoline wholesale price each ton fell approximately 250 Yuan; No. 0 diesel oil each ton has dropped 320 Yuan. All-china federation of industry oil interest chamber of commerce believes that market is in falls in the situation, user attention murky, the main business sale pressure is big.

(This article originates: North new newspaper)