Why do I dare to say that the adjustment of domestic oil prices is definitely downward? Quite simply, because the international crude oil price has been falling for a long time, the oil prices of oil importing countries all over the world have been lowered accordingly, and China will certainly be lowered accordingly. Because international crude oil is traded in a similar way to futures, we can use weighted average to evaluate how domestic oil prices are adjusted. How to subtract the two international crude oil prices to calculate the weighted number, the result is negative, then the domestic oil price will be lowered, but it will still rise anyway. This time, I used Brent's international crude oil price to calculate, and the data is negative, which is far from the middle zero, so the domestic oil price must be greatly reduced.
In fact, for those who often play futures or pay close attention to economic knowledge, we all know that the domestic retail price adjustment of refined oil is definitely downward, that is, a sharp drop. The reason is also very simple, the calculated weighted average is negative, or simply put, the international crude oil price has fallen for a long time. Even if there is a surge in the short term, it will not affect the income of oil importers, so it is reasonable for domestic retail prices of refined oil to fall. In fact, no matter from what point of view, the domestic retail price of refined oil is likely to fall this time, because the current oil price is much worse than other major oil importing countries in the world.
Generally speaking, I personally think that the adjustment of the domestic retail price of refined oil will fall, because the international crude oil price has fallen for a long time, and the difference calculated by calculating the weighted average is also negative. Combined with these crude oils, I'm sure this adjustment will definitely fall.