On December 8, 2021, the latest average price of No. 92 gasoline nationwide is: 7.19 yuan per liter. The lowest price of No. 92 gasoline in the country is in Xinjiang, with a price of 6.68 yuan/liter. The highest price of No. 92 gasoline is in Hainan. The price is 8.59 yuan/liter. If you need to calculate the fuel consumption of 92# gasoline when driving

1. Oil price refers to the price of international or domestic refined oil.

2. Starting from 24:00 on March 17, 2020, domestic gasoline and diesel prices will be reduced by 1,015 yuan and 975 yuan per ton respectively. Since 24:00 on November 5, the cumulative decline in domestic gasoline prices has been 1,940 yuan/ton, and the cumulative drop in diesel prices has been 1,870 yuan/ton.

3. Oil price market: In September 1960, representatives from Iran, Iraq, Kuwait, Saudi Arabia and Venezuela met in Baghdad and decided to unite to deal with Western oil companies and protect oil revenue. On the 14th, the five countries announced the establishment of the Organization of Petroleum Exporting Countries (OPEC), referred to as "OPEC". As its membership increased, OPEC developed into an international oil organization for some major oil-producing countries in Asia, Africa and Latin America. OPEC is headquartered in Vienna, the capital of Austria. Now, OPEC aims to ensure the stability of oil prices in the international oil market by eliminating harmful and unnecessary price fluctuations, ensuring that member countries can obtain stable oil revenues under any circumstances, and providing oil consuming countries with adequate and Economic, long-term oil supply.

4. OPEC member states analyze and predict the current situation and market trends, clarify many basic factors such as economic growth rate and oil supply and demand, and then discuss adjustments to their oil policies accordingly. For example, in previous conferences, OPEC member states have respectively determined to increase or reduce the organization's overall oil production in order to maintain the stability of oil prices and provide consuming countries with stable short-term, medium-term and even long-term oil supplies.

A summary of common institutions and abbreviations in the international oil market:

1. OPEC: The Organization of Petroleum Exporting Countries was established in 1960. It currently has 12 member countries and its oil reserves account for 10% of the world’s total oil reserves. With 77% of reserves, it is the international organization that has the greatest influence on international oil prices.

2. IEA: The full name is the International Energy Agency. It is an international organization that coordinates and guides international energy work. It was founded in 1974 and is headquartered in Paris, France.

3. EIA: The U.S. Energy Information Administration is a statistical agency under the U.S. Department of Energy. Its purpose is to provide crude oil investors with accurate and independent judgments, forecasts and analyses.

4. API: The American Petroleum Institute is an American petroleum industry organization that provides important weekly data on U.S. oil consumption and inventory levels. It was founded in 1919.

5. NYMEX: New York Mercantile Futures Exchange, mainly trading energy products, the trading method is futures and options trading.