2. Oil price refers to the price of international or domestic refined oil. Oil prices will change in real time according to market conditions. Please refer to the latest market price at the time of transaction. According to the current exchange rate of 6.95, when the oil price rises to the upper limit of 130 USD, 92#(93#) gasoline will cost about10.5-1yuan per liter (considering the oil price differences in different places). It should be noted that the wording of the ceiling oil price is "no price increase or less price increase", which means that once the international crude oil price exceeds 130 USD, FGW can still raise the price! If the oil price continues to rise, it may trigger the "ceiling mechanism" set in the Measures for the Administration of Oil Prices, that is to say, if the oil price rises beyond this limit, it will have a negative impact on the domestic refining industry.

Article 6 of the Measures "When the price is higher than $0/30 per barrel (inclusive), appropriate fiscal and taxation policies shall be adopted to ensure the production and supply of refined oil in accordance with the principle of giving consideration to the interests of producers and consumers and maintaining the stable operation of the national economy, and the prices of gasoline and diesel shall not be raised or lowered in principle."

1. The international oil price is personal capital. International oil price generally refers to the futures price of a barrel of international crude oil. Crude oil is a futures with floating price. According to international practice, China adopts a "22+4%" adjustment mechanism. That is, referring to the changes of international crude oil futures price in the past 1 month (22 trading days), if the price fluctuates above 4%, the domestic refined oil price will be raised or lowered accordingly. Generally speaking, the pricing is determined by the National Development and Reform Commission (NDRC), when the media will release the changes in the retail prices of gasoline and diesel.

2.2021closed at negative oil price on April 20th, and the futures price of light crude oil for May delivery in the New York Mercantile Exchange, which will expire on April 20th, fell by 305.97% to close at -37.63 USD; The futures price of light crude oil for June delivery also fell sharply 18.37% to close at $20.43 per barrel. Meanwhile, London Brent crude oil futures for June delivery fell 2.5 1 USD to close at 25.57 USD per barrel, with a decrease of 8.94%.