Recently, international oil prices have rebounded after a continuous decline. March 25th, NYMEX? May crude oil futures closed up 0.48 USD, or 2.00%, at 24.49 USD/barrel. In May, Brent crude oil futures closed up 0.24 USD, or 0.88%, at 27.39 USD/barrel.
Domestically, on the 7th working day (March 26th) of the current oil price adjustment window, the change rate of crude oil price was -29.57%, and the gasoline and diesel prices are expected to be lowered 1 130 yuan/ton. On March 17, the prices of gasoline and diesel were lowered1KLOC-0/5 yuan/ton and 975 yuan/ton respectively. Does that mean that the oil price of 3 1 on March will drop sharply again? Won't oil prices have a prefix at that time?
Some insiders bluntly said: You want to be beautiful! The next round of oil price adjustment will be stranded, that is, no adjustment will be made
It is clear that the international crude oil price and domestic gasoline and diesel prices have dropped so much, why haven't the refined oil prices been adjusted? Is the domestic oil price back to the state of "you go up, I go up, you go down, I don't go down"? Actually, it is not.
It turns out that in 20 16, the National Development and Reform Commission set up a related mechanism to adjust the price of refined oil, in which the domestic refined oil price was linked to the international crude oil price. When the international crude oil price is lower than $40/barrel, it also touches the "floor price". At this time, the maximum retail price of domestic gasoline and diesel will not be lowered.
When the international crude oil price is higher than 130 USD/barrel, it touches the "ceiling price", and at this time, the highest retail price of domestic gasoline and diesel is not mentioned or less mentioned; If the international crude oil price is 40- 130 USD/barrel, the domestic gasoline and diesel prices will be adjusted normally according to the mechanism.
So why did the National Development and Reform Commission set such "maximum price" and "minimum price"?
There is no doubt that oil, as one of the most important energy sources in the world today, is almost directly linked to national security and economic development, so the control of oil must be firmly in the hands of the state.
At the same time, China's national conditions are quite special. China is not only a big oil importer, but also a big oil producer and consumer. Too high or too low oil prices will bring adverse effects.
If the international oil price is too low, it will reduce the cost of oil import and supply in the short term, but in the long run it will gradually become dependent on imported oil, thus weakening the domestic crude oil production capacity and shrinking the domestic crude oil self-sufficiency capacity. Domestic oil field mining enterprises will face serious survival problems and even threaten national energy security.
If the international oil price is too high for a long time, it will undoubtedly greatly increase the use cost and burden of the oil industry and ordinary people, which is not conducive to the stable development of the national economy. At the same time, domestic oil refining enterprises will also face huge losses.
Simply put, take PetroChina and Sinopec, which we are most familiar with, as examples. PetroChina prefers oil exploitation, while Sinopec prefers oil refining (as the name suggests). In order to ensure the stable development of oil production and refining (related to national energy development and security) and the relative stability of domestic oil prices (related to people's livelihood and economic operation), we set the "lowest price" and "highest price".
Considering that the epidemic is spreading around the world, many countries have taken measures such as restricting travel, so the international demand for crude oil is very low. In the international crude oil market, the relationship between Russia and Saudi Arabia is relatively relaxed, and the overall environment of the crude oil market has been improved. However, considering the relationship between supply and demand, it is unlikely that crude oil will rise sharply, so the adjustment of domestic refined oil prices on March 3/KLOC-0 is very likely to run aground and maintain the current price. As long as the price does not increase, I believe it is good news for car owners.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.