Oil price adjustment to window period Sinopec says oil prices will rise

As of November 10, the National Development and Reform Commission has raised oil prices for 22 working days, and domestic products have come to the sensitive window of price adjustment.　　"Strict oil prices will also rise," Yesterday, Sinopec board of Directors of the Secretariat, Deputy chief of staff Huang in "into the Chinese petrochemical ——— media reporters, investors in Zhejiang province" to answer. The recent international oil price has been closed at $75 a barrel for several consecutive trading days, following several factors such as the strong dollar, the Dubai debt crisis, and the downgrade of Greece's sovereign credit rating, which has remained close to two months after oil prices have been kept above $75 per barrel.　　Crude oil futures now return to the upper segment of the 67-73 US dollar range for most of the summer of 2009.　　According to the latest data from domestic information net-energy sources, December 10, Brent, Dubai and Sinta crude oil weighted average rate of change (base period November 6) is 3.32%, has not yet reached 4% of the price adjustment standards.　　Lio Kaisun said that according to the current international oil prices, the possibility of an immediate reduction in domestic oil prices, the timing will be the same as the same as the same as the previous delay, or postpone a week or so. Huang, director of Sinopec's secretary of the Board, said in response to recent domestic oil price adjustments, whether the recent price adjustment is decided by the NDRC, but "the strict sense of oil prices will rise", because the NDRC said the last time the price of domestic oil prices equivalent to 67 U.S. dollars/barrel level, and international oil prices have reached 77 U.S. dollars/barrel,　　There is still room for 10 dollars.　　With the need for energy-saving emission reduction, according to the 2006 China's new national gasoline standards, January 1, 2010 nationwide will be eliminated country two standard gasoline, full implementation of the country three standard gasoline, gasoline prices are higher trend? "According to Beijing's experience, diesel from the country two standard upgrade to the country three standard, petrol has 200-300 yuan/ton of price increase space, diesel has 400 yuan/ton about the price increase space."　　"Huang said. According to the reporter understand, Guangdong has been in Guangzhou, Huizhou, Heyuan, such as the implementation of the pilot country three standard gasoline, state three oil than the state two oil price about 0.15 yuan. Reference to Beijing, Guangdong and other countries to promote the country's three standard gasoline experience, the full implementation of national three gasoline, oil prices are likely to rise.