There are many factors that affect the international oil price, such as exchange rate changes, supply and demand changes, policy factors, various emergencies, human manipulation and so on. The price changes every day, but the price of refined oil used in gas stations will be relatively stable, and the change will not be as common and complicated as that of crude oil, especially in China market.

Domestic oil price will change with the change of international oil price, but it has a characteristic: lag, usually one month behind.

The rise and fall of oil prices will have an impact on demand, sales of gas stations and profits. Private gas stations will improve their competitiveness as long as they ensure proper profits and oil quality.

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