Gasoline and diesel in gas stations closely related to the majority of car owners have also dropped a lot. No.92 gasoline is lowered by 0.25 yuan per liter; No.95 gasoline is lowered by 0.26 yuan per liter; 0 # diesel oil is lowered by 0.26 yuan per liter.
According to the estimation of 50L capacity of the fuel tank of a general family car, it costs less 12.5 yuan to fill a tank of 92 # gasoline. This price adjustment is the fourth downward adjustment of the domestic refined oil price adjustment window in 2020.
The specific reason for this round of oil price adjustment is the continuous decline of the international crude oil market.
The overseas COVID-19 epidemic continued to spread, the Indian epidemic accelerated, the number of new cases in South American countries and some American States remained high, and the European epidemic rebounded, which suppressed the demand for crude oil; With the end of Labor Day, the traditional peak season of gasoline consumption in the United States aggravated the expectation of low demand. Saudi Aramco lowered the price of crude oil sold to Asia and the United States in June 5438+ 10, which is the second consecutive month that it lowered the price of light crude oil sold to Asia, amplifying the market's worries about the sluggish demand for crude oil.
Not long ago, the European and American crude oil markets showed a continuous downward trend, and the average domestic reference crude oil level was less than 40 US dollars/barrel. Bottom price? It was opened again. According to statistics, as of September 14, the change rate of reference crude oil was negative 9.25%. At that time, the average price of crude oil was below USD 40/barrel, so it was lowered in China at 24: 00 on September 18? Bottom price? The above part.
As early as September 15, Citigroup economists warned that there may be a second wave of epidemic in autumn and winter this year, which will once again impact the damaged oil demand. The president of Standard & Poor's Global Information said, What will OPEC+do if demand does not rebound? A delicate balance? . The CEO of Arabian Oil Investment Company also issued a warning, saying that he thought investment in the energy sector would also be affected? Great influence? .
Earlier this year, the price of WTI crude oil futures contract fell to negative value for the first time in history in May. The deep-seated reason is the blockade of epidemic situation, and the rapid increase of oil inventory leads to insufficient inventory space.
In April this year, crude oil with negative oil price futures appeared. The core reason is that the whole world is affected by the black swan epidemic, and the global demand has dropped sharply. In the case of a large-scale decline in demand, oil inventories began to increase rapidly, but the increased oil inventories could not be consumed, leading to the delivery of oil in Cushing, USA.
A large number of oil storage facilities are all operating at full capacity. Under such circumstances, the new oil must be completely undeliverable, so under such circumstances, there has been a very serious drop in oil prices, and negative oil prices are caused by such circumstances.
Secondly, let's see why the oil problem is still serious. For our country, in fact, we have realized the resumption of production and work of the whole epidemic prevention and control. Although there are some sporadic cases in some fields, on the whole, China has made unprecedented achievements. Under such circumstances, China's current problems are actually not serious.
The decline in domestic oil prices is good for the people, at least reducing the cost of our oil use. Of course, we hope that oil prices will fall further, but obviously, there is no room for further decline.