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Why does the decline in international crude oil prices lead to the decline in chemical stocks?
The decline in international crude oil prices will cause the decline in chemical stocks because there is a certain relationship between them, and the rise in chemical product prices is caused by high oil prices.

Looking back at the last closing data (165438+1October 26th), international oil prices plummeted. The settlement price of the main contract of US WTI crude oil futures is reported as 68. 15 USD/barrel, with a decrease of 10.24 USD or 13. 1%, while Brent crude oil futures is reported as 710.59 USD/barrel, with a decrease of 9.33 USD or/. Oil prices all hit weekly lows of nearly 1 1, which is also the biggest one-day drop since April 2020. The discovery of a new mutant in COVID-19 caused panic in the market, which aggravated the market's worries about future demand recovery. The capital market fluctuated, and oil prices fell sharply with the global stock market.

165438+1October 29th, the sixth trading day of this round, the international oil price rebounded nearly 5% in early trading today after plunging last Friday. Affected by the change of crude oil, the predicted decline increased by 65 yuan/ton compared with the previous working day. It is predicted that the domestic oil price will be lowered by 200 yuan/ton, converted into 0. 15-0. 17 yuan/liter. Based on the owner's 50-liter fuel tank, a full tank of oil can save about 7.5 yuan. Cloud oil supply reminder: It is the sixth day of the statistical cycle. Judging from the current market trend, oil prices may fall sharply this week! Oil prices change every day, and the data of that day are for reference only. The actual price increase is subject to the announcement made by the National Development and Reform Commission on the last day. Buy oil, refuel and check the daily oil price. You can pay attention to: search for the applet "Cloud Oil Supply", click on the oil price information, and know the oil price rise and fall in real time. The next price adjustment time is: February 3, 65438+24: 00! Today, the national gasoline and diesel prices fluctuated and fell by 50-350 yuan/ton, while only a few diesel prices in Central China and South China rose by 50 yuan/ton. Affected by the deep decline in the closing price of international crude oil, and the main business at the end of the month is accounting, the terminal's cautious wait-and-see mood is aggravated, the overall buying and selling atmosphere of the market continues to be rational, and the transaction performance is not good.