Market information confirms this point: on June 5, 2005, Sinopec lowered the retail price of No.90 and No.93 gasoline in Chengdu, with an average price reduction of 0.06 yuan per liter; 65438+10.6, the retail prices of No.93 and No.97 gasoline at Sinopec Hainan Gas Station were also quietly lowered. On the night of June 5438+1October 10, 2005, PetroChina began to reduce the price in Sichuan province, and the 90#, 93# and 97# gasoline in Chengdu were 3.37 yuan/liter, 3.7 yuan/liter and 3.99 yuan/liter respectively.
Now, the greater expectation is that the National Development and Reform Commission officially issued a document to lower the price of domestic refined oil. However, the overall analysis of the international oil price trend shows that there is little room for domestic refined oil prices to be lowered.
First of all, we can review the international crude oil market. On August 9, 2004, the price of crude oil futures on new york Commercial Futures Exchange rose to $44.98/barrel; On August 22nd, it rose to USD 49.40/barrel, the highest price since the introduction of 1983 crude oil futures. It is under this pressure that the National Development and Reform Commission made the decision to raise domestic refined oil for the third time in that year on August 25th.
Secondly, let's take a look at the latest international crude oil market: after the oil price stopped falling in June 2005 at 5438+ 10, the futures price of the New York Mercantile Exchange crude oil rose to the highest price since the end of last year, that is, 48.38 USD/barrel. This price is almost the same as that when the National Development and Reform Commission raised the domestic oil price on August 25th last year. "If the international crude oil price is almost the same, it is expected that the National Development and Reform Commission will reduce the domestic refined oil price. This possibility is obviously very small. " An industry researcher said.