Domestic oil prices have not risen for no reason, which also has its reasons: first, international oil prices are only international oil prices, not equal to market prices. Moreover, the current international crude oil price is the futures price, not the current price, but the future crude oil price. However, China originally needed to import original parts from abroad, and then after a series of processing and refining, it could produce gasoline and diesel for daily use. Of course, refining costs, labor costs, import tariffs, etc. are all reasons for the high domestic oil prices.

The price monitoring center of the National Development and Reform Commission predicts that "OPEC+"will keep the production reduction policy unchanged, which will have a bottoming effect on the oil market. However, there are many unstable factors that plague oil prices at present. On the one hand, the European epidemic has shown signs of rising recently, and new cases have increased in many countries. At the same time, dozens of countries have suspended the use of AstraZeneca drug vaccines, and the market is once again worried about the global prevention and control situation.

On the other hand, Yemeni Houthi armed forces attacked Saudi ports, and Israeli forces attacked ships bound for the border between Syria and Chen Bing, which significantly increased geopolitical risks. It is expected that oil prices will continue to fluctuate in the short term.

Extended data

Several reasons have determined the rise of international crude oil prices:

First, the dependence of the world economy on crude oil (indispensable and irreplaceable) and the limitation of crude oil reserves and output make the price of crude oil very sensitive to the factors affecting supply and demand and fluctuate greatly.

Second, the imbalance of crude oil supply and demand structure makes the relationship between crude oil supply and demand tend to be tense. Every link from reserve, production, transportation, refining to sales is very important, and the change of factors in any link will affect the fluctuation of crude oil price.

Third, although the supply and demand of crude oil are roughly equal, any variable of supply and demand or related variables that affect supply and demand often determines the price trend in a certain period. Uncertainties such as wars, terrorist attacks, oil workers' strikes and other emergencies have seriously affected or even influenced the trend of oil prices.

Fourthly, under normal circumstances, the decline of crude oil inventory has little supporting effect on oil prices during economic recession, while the increase of crude oil inventory has a greater destructive effect on oil prices; In the stage of economic recovery and prosperity, the increase of crude oil inventory has a stabilizing effect on oil prices, but the decline of crude oil inventory will greatly support the rise of oil prices.