Yes, because not only the supply of refined oil exceeds demand, but also the development costs are getting higher and higher, so suppliers will increase prices to make up for losses. Energy shortage has become a global problem. The existence of this problem will not only affect the global economy, but also further affect the development of the transportation industry, so this issue deserves attention.

The popularity of refined oil products remains high because this product is not only extremely important, but also an indispensable necessity. Not only can we not control the price of this product, but we will also be affected by its price increase. With the new round of refined oil prices rising, is there still room for upward adjustments? I think there is indeed room for price increases. There are three reasons for this:

First, the demand for refined oil is increasing.

I do think that the price of refined oil will continue to rise, because not only can we not fully use new energy sources in a short time, but we cannot reduce the demand for this product. When supply exceeds demand, the one with the highest price will become the selection criteria for suppliers to supply refined oil. Therefore, suppliers can not only take the lead, but also have the right to speak.

2. Energy shortage is becoming more and more serious.

The reason why I think so is because we are indeed unable to solve the problem of energy shortage, and this problem is becoming more and more serious. We can neither find alternative energy sources nor improve resource utilization efficiency. Because of this, most suppliers are able to increase product prices based on this situation.

3. The cost of developing and utilizing refined oil products is increasing.

The price of this product does have great room for upward adjustment, because developers need to increase development costs, and as the quantity of refined oil products gradually decreases, the efficiency of development will only become lower and lower. Therefore, suppliers not only need to use prices to make up for shortfalls, but also need to obtain more benefits from the prices of goods. Because only in this way can suppliers avoid losses and accumulate more wealth. So in any case, the increase in cost will affect the final price.

The above is my analysis.