International oil price breaks 66 dollar domestic oil price adjustment still to be waited
Source: Internet
Author: User
As U.S. commercial oil inventories fell more than expected, international oil prices closed higher 28th, the New York Mercantile Exchange July delivery of crude oil futures contract settlement price rose 1.63 U.S. dollars to 65.08 U.S. dollars per barrel, or 2.6%, also set the highest settlement price since last November 5. 29th continued to rally, closing, the New York Mercantile Exchange July delivery of light crude oil futures prices rose 1.23 U.S. dollars, closed at 66.31 U.S. dollars per barrel. London's North Sea Brent crude oil futures prices rose 1.13 U.S. dollars, closed at 65.52 U.S. dollars per barrel. The decline in US crude stocks has underpinned high oil prices. U.S. oil inventories fell for the third consecutive week last week, reducing 5.4 million barrels, well above analysts ' forecast of 500,000 barrels, according to the U.S. Energy Agency (EIA) data. In addition, OPEC 28th announced that the organization's production quotas remain unchanged, and the second half of the oil price trend expressed optimism. Saudi Arabia's Minister of Oil and Mineral resources Naimi predicts oil prices will rise to $75 a barrel between the third to the quarter of this year. Since the international oil price close to 60 U.S. dollars, according to the NDRC regulation of refined oil prices management interim measures, international oil prices have changed more than 4%, the domestic oil prices are about to increase the expectations are gradually strong. "Although oil prices have been expected to rise strongly, so far domestic oil prices have not been adjusted, the recent market has been light trading, shipping very little." "China's gas station network analyst Huangshunjing told reporters that in the early May Chengdu, Shanghai, Jiangsu has appeared wholesale prices and the highest retail prices in line with the situation." In general, there are 300 yuan per ton gap between the two, which also reduces the incentive for middlemen to hoard oil. 27th, the development and Reform Commission related to reporters that, although the current China has announced the interim measures for oil price adjustment, but China's oil prices are still indirectly in line with the international market, oil price adjustment still need the country to macro-control. PetroChina insiders also told reporters that if international oil prices continue to rise, domestic oil prices "will certainly increase, it is only a matter of timing." The head of the National Development and Reform Commission said 28th that the price of refined oil will not be raised during the Dragon Boat Festival. But for the June oil price will not adjust the problem, the official said: "This is not easy to say." "According to the Beijing News
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