Under the "falling" of international crude oil prices, the retail price limit of domestic refined oil products may usher in the biggest decline in the year on March 28 (next Tuesday).

After a high consolidation at the beginning of the year, crude oil began to enter the stage of trampling down on February 28. The US WTI crude oil futures price has dropped from the original US$ 54/barrel to the current US$ 48/barrel, the lowest in more than three months, with a drop of 1 1%. London Brent crude oil futures prices also fell, closing at $50.64 a barrel on March 22nd.

The reasons are as follows: First, the attitudes of Saudi Arabia, Russia and other oil-producing countries to extend production cuts are vacillating; Secondly, the weekly drilling quantity, crude oil inventory and production data of the United States continue to rise, which increases the market supply pressure and hits the market mentality; Thirdly, at present, crude oil futures technology changes hands, and long-short changes accelerate the decline of oil prices.