The listing price is the highest price set by the National Development and Reform Commission, and the settlement price is the settlement price between the two major oil groups and refineries. The general listing price is slightly different due to different regions, which can be seen in the local office of PetroChina Petrochemical Company, and the settlement price is confidential.
Settlement price refers to the price of a certain variety calculated by using the weighted average price according to the price fluctuation after the close of the day. This price is mainly used in the market where there is no debt settlement on that day, and it is used to settle the profit and loss of the transaction on that day according to the settlement price at the closing time of the market.
Extended data:
According to the National Development and Reform Commission, the price of crude oil in the international market has fluctuated downward since the adjustment of domestic refined oil prices in September. Affected by the American election and the slow recovery of the global economy.
Factors such as influence. 165438+1At the beginning of October, the futures prices of WTI and Brent crude oil in the British North Sea fell to $85 and 105 respectively.
As of June165438+1October 14, the moving average prices of three crude oils in the international market linked to domestic oil prices have dropped by more than 4% for 22 consecutive working days, reaching the boundary conditions of domestic refined oil price adjustment. Accordingly, the state decided to lower the domestic refined oil price in due course.
The National Development and Reform Commission requires PetroChina, Sinopec and CNOOC to organize the production and transportation of refined oil, maintain reasonable inventory, strengthen comprehensive coordination and emergency dispatch, and ensure the stable supply of refined oil in the market. Price departments at all levels should strengthen market supervision and inspection, severely investigate and punish acts that do not implement national price policies, and maintain normal market order.
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