Car change news? Today, Easy Car learned from the National Development and Reform Commission that according to the recent changes in oil prices in the international market and the current formation mechanism of refined oil prices, domestic gasoline and diesel prices will not be adjusted from 24: 00 on March 3, 2020, and relevant price linkage and subsidy policies will be implemented according to the current regulations.

Official website of the National Development and Reform Commission announced the trend of international crude oil market on March 3/KLOC-0;

Brent crude oil futures price trend (Source: Britain is the financial situation) US WTI crude oil futures price trend At present, affected by the COVID-19 epidemic and the situation in the Middle East, the agreement between the Organization of Petroleum Exporting Countries (OPEC) and other oil-producing countries to limit oil production to support oil prices has broken down, and the "oil price war" between Saudi Arabia and Russia has fallen to the lowest point since February 2002. Both US WTI and Brent crude oil futures prices are close to $20/barrel. As of March 30th, WTI crude oil futures closed down 1.42 USD to 20.09 USD/barrel; Brent crude oil futures closed down 2. 17 USD to 22.76 USD/barrel, with a comprehensive change rate of crude oil of -33.52%. It is estimated that the corresponding downward adjustment range is 12 10 RMB/ton, which is about 0.9 yuan/liter.

Analysis of short-term crude oil price trend;

Many institutions have analyzed the trend of crude oil prices. The analysis believes that it is difficult for crude oil prices to get out of the shock range and will continue the low market. The demand caused by global public health events has fallen sharply, and there is no sign of softening since the start of the Saudi price war. In the later period, crude oil may still maintain the bottom, and the probability of a sharp increase in crude oil change rate is small.

Domestic oil price analysis:

Prior to this adjustment, domestic refined oil prices have been adjusted five times since 2020. Coupled with this stranding, domestic refined oil prices have not been raised in 2020, and the overall trend is "three drops and three stranding".

For domestic oil prices, China's refined oil price mechanism is linked to crude oil, but at the beginning of 20 16, the mechanisms of "maximum price limit" and "minimum price limit" were put forward for refined oil, in which "minimum price limit" means that the retail price limit of gasoline and diesel will not be adjusted when the average price of comprehensive crude oil is less than 40 USD/barrel. Although the change rate of crude oil in this price adjustment range runs in a negative range, it is expected that this round of oil prices will run aground because the average price of comprehensive crude oil continues to be lower than the "floor price".

Relevant personnel of the National Development and Reform Commission have also explained the "floor price" mechanism. Previously, Peng Shaozong, deputy director of the Price Department of the National Development and Reform Commission, once said that when the oil price is below the lower limit of regulation of 40 USD/barrel, the unadjusted amount of domestic refined oil price is not directly left to enterprises, but all of it is included in the risk reserve, and it is turned over to the central treasury in full according to the Measures for the Administration of the Collection of Risk Reserve for Oil Price Regulation, which is included in the general budget management, and is used for energy conservation and emission reduction, oil quality improvement and oil supply security as a whole to cope with the sharp fluctuation of international oil prices.

The next price adjustment window will open at 24: 00 on April 15, 2020. Relevant institutions predict that due to the sluggish performance of international oil prices, there is no sign of a sustained rebound in the current international crude oil market, and the possibility of not adjusting the "floor price" in the next round of refined oil price adjustment still exists, and the international crude oil price may be difficult to return to $40/barrel in the short term.