At present, the international oil price has broken through the 100 mark for the first time in more than seven years. As the market is increasingly worried about the tension between Russia and Ukraine, the price of Brent crude oil soared to $0/00.04 per barrel.
Nowadays, the escalating geopolitical situation is making the global oil and gas supply face unprecedented uncertainty, which may last for a long time.
Conflicts may push up oil prices and thus interfere with gasoline prices. In addition, because many European families and factories rely on Russian exports for heating and power supply, this conflict may also bring more uncertainty to the natural gas supply in Europe.
In the future, whether Russia can continue to be one of the largest oil and gas suppliers in the world may depend on the following factors: whether western sanctions will interfere with Russian exports; Whether the conflict will destroy Russia's export pipeline through Ukraine; And whether Russia will restrict exports.
The latest round of oil price adjustment in 2022 was at 0: 00 am on March 4: gasoline rose to 260 yuan/ton and diesel rose to 255 yuan/ton, which is also the fourth oil price adjustment this year. The next round of oil price adjustment will be at 24: 00 on March 17, 2022.
According to the data on the 4th working day before the price adjustment of domestic refined oil on March 8th, WTI crude oil price is 123.7 USD/barrel, Brent crude oil price is 127.98 USD/barrel, and the crude oil change rate is 28.8 1%. It is estimated that the oil price will increase by 1.240 yuan/ton, or 0.965438. According to the data on the 4th working day before the price adjustment of domestic refined oil on March 8th, WTI crude oil price is 123.7 USD/barrel, Brent crude oil price is 127.98 USD/barrel, and the crude oil change rate is 28.8 1%. It is estimated that the oil price will increase by 1.240 yuan/ton, or 0.965438.