A new round of oil price adjustment may delay the rotation price adjustment is not in place

The last round of oil price adjustment is not in place, another price adjustment cycle will be full. According to the oil price reform, June 26, is the next 22 trading day deadline, and again far more than 4% of the trend forecast, the industry for a new round of adjustment in July before the voice of high.　　Although the two major groups of PetroChina and Sinopec are increasingly clamoring for higher prices, the combination of foreign and private oil companies that once died down combined to contain the wholesale and retail markets is hitting a solid monopoly line in the refined oil market, which could lead to a further delay in price adjustment. The crackdown by private and foreign investors on the wholesale and retail markets of the two major groups has cooled the sales of the two giants ' products. The two groups have already sold the outstanding amount (sold but not taken away, which means that there is a trend of oversupply in the market), which is higher than the normal level of 150%~200%.