I. Latest news of oil price adjustment in 2022:
1, the latest round of oil price adjustment in 2022 was at 0: 00 am on March 4: gasoline rose to 260 yuan/ton, and diesel rose to 255 yuan/ton, which is also the fourth oil price adjustment this year. The next round of oil price adjustment will be at 24: 00 on March 17, 2022.
The latest average prices of all grades of oil at gas stations in China are as follows:
The national average price of No.0 diesel rose to 7.70 yuan/liter;
The national average price of No.92 gasoline rose to 8.03 yuan/liter;
The national average price of No.95 gasoline rose to 8.57 yuan/liter;
2. According to the data of the 4th working day before the price adjustment of domestic refined oil on March 8th, WTI crude oil price is 123.7 USD/barrel, Brent crude oil price is 127.98 USD/barrel, and the crude oil change rate is 28.8 1%. It is estimated that the oil price will increase by 1240 yuan/ton, which is equivalent to a sharp increase of 0.966. According to the data on the 4th working day before the price adjustment of domestic refined oil on March 8th, WTI crude oil price is 123.7 USD/barrel, Brent crude oil price is 127.98 USD/barrel, and the crude oil change rate is 28.8 1%. It is estimated that the oil price will increase by 1.240 yuan/ton, or 0.965438.
3. According to the price adjustment mechanism of refined oil in China, refined oil is adjusted once every 10 working day, with the upper limit of 130 USD/barrel and the lower limit of 40 USD/barrel. That is to say, when the international oil price exceeds 130 USD, the domestic refined oil price rises to 130 USD, the international oil price rises again, and the refined oil products no longer follow up. Similarly, less than $40 will not be adjusted.
Second, why did oil prices rise so fast in 2022?
The recent rise in oil prices is mainly due to the rise in international oil prices. During the price adjustment period, the situation in Russia and Ukraine warmed up, pushing oil prices to continue to rise sharply. Subsequently, Europe and the United States announced sanctions, and the market's worries about the decline in crude oil supply increased. The Organization of Petroleum Exporting Countries insisted on "limited" expansion of production, the US crude oil stocks declined, and the 60 million barrels of crude oil reserves planned to be released by the International Energy Agency were less than the global daily consumption, which further amplified the market's nervousness about supply shortage, so oil prices continued to rise.
3. What are the reasons for the rise in oil prices in the past two years?
1, international oil price rises: demand grows faster than supply, and the international crude oil trading market rises;
2. The global economic recovery is slow: after the outbreak, countries have introduced favorable policies to boost their economies, and the judgment of crude oil demand in the market outlook still depends on the economic recovery process, but it is still unclear;
3. Increase import tariffs: In order to ensure the long-term operation of the country and control the market, China imposes relatively high taxes and fees on oil, accounting for more than 40% of the domestic refined oil prices;
4. OPEC restrictions: there are international restrictions on the oil supply of various countries. In the case that the international oil price continues to rise, the whole will be adjusted according to the international economic response;
5. Affected by epidemic situation: Affected by large-scale epidemic situation, overseas crude oil exploitation is sluggish.
It can be seen that the recent rise in oil prices is directly linked to international oil prices. The next round of refined oil price adjustment will be held at 24: 00 on March 17, and it may go up!