A new round of refined oil price adjustment window opens today. No.95 gasoline is expected to drop 10 yuan.

After the latest wave of "four consecutive rises", oil prices are finally going down?

At 24: 00 on June 28, a new round of refined oil price adjustment window will open, and the agency predicts that this round of refined oil prices will have a "sharp drop", ushered in the second downward adjustment in the year.

As of June 27th, Beijing time, 14, Brent crude oil futures in August were quoted at 1 13.23 USD per barrel. During this pricing cycle, international crude oil futures fluctuated downward at a high level.

Meijuan Luo, a refined oil analyst at Jinlianchuang, said that recently, investors are still worried that the Fed's interest rate hike may plunge the US economy into recession, thus curbing the demand for fuel. In addition, the US government tried to crack down on high oil prices by reducing taxes and increasing production, which also increased the downward pressure on crude oil futures, so international crude oil showed a high downward trend. However, it is difficult for some oil-producing countries to increase production, and the recovery rate of OPEC production has been lower than the planned target. Investors are worried about the shortage of oil resources.

Affected by the fluctuation of international crude oil prices, according to the agency's calculation, as of the ninth working day of June 27th, the average price of crude oil varieties referenced by domestic oil prices was113.11USD/barrel, with a change rate of -5.49%. It is estimated that domestic gasoline and diesel will be lowered by 0.26 per ton, equivalent to 92 # gasoline per liter of 330 yuan.

After this round of oil price adjustment, 95 # gasoline in some parts of the country is expected to bid farewell to "10 yuan era", and the price per liter will fall below 10 yuan. For consumers, this round of refined oil price adjustment may be regarded as short-term "good news".

Since 2022, domestic refined oil products have shown a pattern of "ten ups and one down" during the year. During the year, gasoline increased by 2720 yuan per ton and diesel increased by 2620 yuan per ton. This is equivalent to gasoline rising by about 2. 14 yuan per liter, and diesel rising by about 2.24 yuan per liter. An ordinary private car with a fuel tank capacity of 50L will spend about 107 yuan more than that at the end of last year.

Meijuan Luo said that with the attack of hot weather, the frequency of using air conditioners by vehicles increased, and the consumption of gasoline increased, so the demand remained supportive. With the coming of summer vacation, residents' travel radius has increased, and terminal consumption still has support.

"There is no obvious trend signal in the crude oil market in the short term, so maintaining wide fluctuations is still the mainstream trend." Xi Jiarui, a crude oil analyst at Jinlianchuang, believes that the impact of market news on oil prices is temporary, and the final trend of crude oil prices will still return to the influence of fundamentals. There are still different views on the crude oil market. Bulls believe that oil prices will hit a high of 150 USD/barrel, while bears believe that crude oil has turned into a bear market cycle.

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