Experts interpret oil and gas price adjustment: Oil fall and gas rise wagon

Source: Internet
Author: User
Keywords Oil fall and gas rise
The National Development and Reform Commission announced that the price of steam and diesel will be reduced by 230 yuan and 220 yuan per ton respectively from 0 o'clock 1st, and the domestic onshore natural gas factory benchmark price is increased by 0.23 yuan per cubic metre, and further improve the price management of natural gas and improve the related price policy.  To answer the concerns of netizens, Xinhua interview today invited to the University of Petroleum, the dean of the School of Business Administration Wang Zhen, online exchanges with netizens, interpretation of refined oil prices and natural gas price adjustment. Wang Zhen: The oil price cut very timely but sometimes it will lag [Wang Zhen] price mechanism to see 22 consecutive working days floating average price of more than 4% to adjust prices, so it is not the oil prices began to fall we will certainly adjust, because the oil price will be a little bit repeated.  Some people think that the beginning of May, why this time, but still some people think that the NDRC has not been adjusted to 22 working days, so we generally look at this time period, and did not accurately calculate. Personally, I think there's a slight deviation, no matter how late a bit. We look at the reform and Development Commission to adjust the price, the downward adjustment is very timely, but sometimes it will lag.  It's just that most consumers or people are more sensitive to the downward adjustment, so I think this time is more appropriate. Wang Zhen: At present, the pricing mechanism of refined oil is to ensure the profit of refining process [Wang Zhen] first, at present, the pricing mechanism of refined oil has the idea of cost addition, which has a guaranteed profit to the refining process, but the premise is that when the oil price is below 80 dollars, the oil price is at 80 dollars to 130 dollars,  Refining links will be less profitable, and when oil prices exceed $130 trillion, refinery links may not be profitable or even oil companies will have to go for it.  Wang Zhen: Whether gasoline price or diesel price will go to market in the future [Wang Zhen] In fact, in the long run, whether the price of petrol or diesel, with the gradual easing of domestic supply and demand contradictions, it will go to market, as in Europe, its price will change every day, and a road, the price of a street is not the same. Wang Zhen: Crude oil prices and refined oil prices are not one by one of the corresponding relationship [Wang Zhen] Our country currently from the pricing mechanism, it is going up, and not fully adjusted, in accordance with the current pricing mechanism corresponding to the international crude oil prices, according to a certain formula to raise foot. Because in a certain period of time, crude oil price increases too much, it also rose not enough.  Therefore, the downward adjustment does not necessarily correspond to that downward, crude oil prices and refined oil prices are not one by one of the corresponding relationship, crude oil price fluctuations will not be fully transmitted to the price of oil products fluctuations. Wang Zhen, an oil university, forecasts the next step of international oil price [Wang Zhen] can see international crude oil prices continued in the second half of last year, especially in the fourth quarter of the high price level, like our economy, our GDP growth in the fourth quarter level, such as the first quarter GDP growth reached 12% level, But we don't thinkThe growth of the first quarter will continue to be the same throughout the year, so we do not think that the oil price continues to last, and indeed has recently been recalled.
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