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Domestic oil prices have risen for two consecutive times! Reasons for rising oil price of PetroChina

via:驱动之家     time:2020/7/10 20:54:44     readed:91

According to the national development and Reform Commission, the price of domestic gasoline and diesel (standard, the same below) will be increased by 100 yuan per ton from 24:00 on July 10, 2020.

On the national average,92 gasoline increased by 0.08 yuan per liter, 95 gasoline increased by 0.08 yuan per liter, 0.09 yuan per liter of 0 diesel oil.

According to the average household car fuel tank 50 L capacity estimate, filling a tank of 92 gasoline, will cost 4 yuan more. That's the year after the June 28 oil price hike

PetroChina said that with the global oil market deeply in the price crisis, the core oil producing countries returned to the negotiation table and finally reached an agreement on production reduction, and the epidemic situation has entered a new stage,Some countries and regions began to lift the blockade and restart the economy. In June, the service industry in the United States rebounded sharply and almost recovered to the pre epidemic level.

Saudi Aramco increased its official crude oil price (OSP) for Asian customers by $1 per barrel in August and increased the official prices of almost all grades of crude oil exported to European and US customers.

Below that,Since the end of May, the international oil price has accelerated to rise. In June, it completely got rid of the ultra-low oil price region and stood above $40 again.

Light crude for August delivery on the New York Mercantile Exchange rose $0.28 to close at $40.90 a barrel as of July 8. London Brent crude for September delivery rose $0.21 to close at $43.29 a barrel.

It is worth mentioning that China's refined oil price mechanism has set the upper and lower limits of regulation. The upper limit is 130 US dollars per barrel, and the lower limit is 40 US dollars. That is, when the crude oil price in the international market to which the domestic refined oil price is linked is higher than 130 US dollars per barrel, the maximum retail price of gasoline and diesel will not be raised or decreased; when it is lower than 40 dollars, the maximum retail price will not be lowered. The unadjusted amount will be fully included in the risk reserve for oil price regulation and handed over to the central treasury in full.


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