National Information Center experts say the price of finished oil may be adjusted frequently this year

Source: Internet
Author: User
Keywords Oil
The National Development and Reform Commission two times in June raised the domestic oil prices, the cumulative rise of 1000 yuan per ton.  Experts believe that, compared with the past, the oil price adjustment will be more frequent this year, the current oil price adjustment on the economic recovery and the impact of inflationary pressures temporarily limited. The oil price is still up. New, director of macroeconomic affairs, Economic Forecasting Department of the National Information Center, said that as of June 30, Brent, the new tower and Dubai three major crude oil markets, the average price of 68 U.S. dollars per barrel, and the previous cycle of 57 U.S. dollars per barrel, the cumulative increase of 19%, Therefore, the oil price adjustment in line with the expected. "According to the new pricing mechanism for refined oil, oil prices will be adjusted more frequently this year."  "New thinks. Wanguo analyst Yuchunme that, after the price increase, the corresponding oil cost of domestic oil is about 60-62 U.S. dollars per barrel, according to the new pricing mechanism of refined oil, the future domestic oil prices still have room for upward adjustment.  If the refinery is to maintain a reasonable profit, the price of refined oil may increase by 400 yuan/ton at the end of July. Guo Xin Securities and petrochemical industry analyst Shanbina that, although the price adjustment in strict accordance with the new pricing mechanism, but the future prices adjust the period and range is still uncertain. She believes that the international oil prices June basic level, the current use of time to adjust the price of refined oil products, can alleviate the future raw material prices of refineries continue to rise losses.  In addition, the current domestic traders and wholesalers are adversely affected by shipments, and there is no large-scale hoarding of refined oil, the current price adjustment on the two-tier market impact is small.  Industry insiders also pointed out that in the long run, the price of refined oil and international standards to strengthen, help rationalize the price of resources, speed up the establishment of market prices to adjust demand mechanism. The inflationary pressure is not affected by the notice, the adjusted price of the gas and diesel supply is 6730 yuan per ton and 5990 yuan respectively.  For the economic impact of the increase in oil prices, New that the end of the retail price of refined oil products must have a lifting effect on prices, but the current domestic is still in the period of negative prices, the short-term increase in the price of inflation caused by the possibility of little. Guotai released a study that the current price of $70 per barrel is not much bubble, the future of international oil prices upward momentum still exists. The dollar's short-term strength is unlikely, and the underlying reason for the price of crude is a recovery in demand from China and the US.  The National Development and Reform Commission will continue to raise oil prices in the future when oil prices enter the 75-80-dollar range.  Yuchunme that the second half of the year's impact on the international oil price trend is the central factor of the Fed's monetary policy and the recovery of demand, oil prices in the three quarter by the dollar further lower and liquidity-driven factors such as the impact will be higher, but in the liquidity of the expected warming and seasonal off-season impact, will Shanbina also believes that international oil prices may oscillate and move higher over the next few months and see the highest international oil prices for the year three, but the next drop is limited.
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