During the price adjustment period, crude oil futures prices fluctuated and the rate of change rose within a positive range. By the eighth working day, gasoline and diesel prices are expected to increase by 75 yuan/ton, and oil prices are expected to increase by 0.06 -0.07 yuan/liter. The increase of 19 in August was more than that in August 10 yuan/ton.
In addition, the three major institutions lowered their oil demand forecasts this year, and the Organization of Petroleum Exporting Countries and its production reduction alliance increased the supply of crude oil, which made the price of crude oil lower. However, the implementation rate of OPEC+production reduction is 95%, and there are rumors that China will increase US crude oil imports. These factors are favorable to the price of crude oil. Under the long-short game, the price of crude oil futures fluctuated and the domestic reference rate of change was positive. According to calculation, at the end of the 7th working day in China on August 8th, the change rate of reference crude oil was 1.7%.
There are still two working days before the price adjustment. At present, the main factors affecting crude oil prices are still the global epidemic and the implementation of OPEC+production reduction. The global epidemic situation is still grim, and the demand for crude oil is still negative; If OPEC+continues to implement the current production reduction measures, it will push up the price of crude oil.
Therefore, it is more likely that the price of crude oil futures will continue to fluctuate in the near future, and the rate of change of crude oil may continue to maintain the current trend, so it is more likely to raise the retail price limit this round. After this increase, it will be the third increase in retail price limit this year. (Source: international oil prices of crude oil and refined oil; Compile/car home? Song)