With the fluctuations in international oil prices the original grid, the domestic oil price adjustment window looming. According to estimates by the energy agency, refined oil prices may be priced in the first half of May, and the price cuts will be 0.2-0.23 yuan per liter. Some experts believe that lower oil prices is temporary fluctuations in the long run, grid remained stone oil prices stabilize.

   International crude oil prices continue to fall

With international oil prices continue to fall, the average rate of change of the domestic refined oil pricing linked to Brent, Dubai and Cinta three original oil grid negative start to run.

According to several Energy Agency monitoring data show that in the past month, international oil prices continued to decline, the original Brent oil prices fell 6% grid. According to Zhongyu Information Monitoring Data, as of April 24, the crude oil change rate of the three places was -1.83%. So far, the oil prices of the three places have been falling for 14 consecutive trading days, and the crude oil change rate of the three places has also been negative for 7 trading days.

It is understood that the current refined oil pricing mechanism system developed country by the end of 2008, the pricing mechanism in indirect grid integration domestic refined oil prices in the international market have original oil grid control. Regulations, if oil prices three consecutive 22 days daily average rose or fell more than 4%, should be considered for the domestic refined oil price adjustment grid.

"In 20 days, the international oil price dropped from 124 US dollars to 118 US dollars, of which the average price of crude oil in the three places for the 20th consecutive day was 121.9 US dollars, and the price dropped the most in the last few days." Wang Yutao, chief analyst of Zhongyu Information, told the Nanfang Daily reporter According to the current data, international oil prices will continue to decline in the near future.

   93# oil price is expected to decrease by 0.2 yuan

Wang Jintao expects that the domestic refined oil price adjustment window will open in mid-May. "If crude oil maintains its current downtrend, the price adjustment window is likely to open in early May."

According to its calculation, the price adjustment, the refined oil is expected to cut the price of 260-300 US dollars / barrel, 93 # gasoline down the range of 0.2 yuan -0.23 yuan / liter. Han Xiaoping, CEO of China Energy Network, told reporters that the adjustment should not be large.

Some media reported that oil prices have been lowered in some areas , and some gas stations have cut prices even more, even returning to the "7 era." A few days ago, the reporter visited nearly 20 gas stations in Chaoyang District, Haidian District and Changping District of Beijing, and did not find large-scale price cuts.

The sales staff of Sinopec and the Pacific North Gas Station said that there was no oil price reduction and no promotion activities in the near future . The staff of PetroChina No. 9 gas station told reporters that there have been no new preferential activities in recent days. Only the continuation of the previous "going up the fuel card, enjoy a 2% discount."

   Economic slowdown affects demand for refined oil

Han Xiaoping believes that the downward adjustment of oil prices is related to fluctuations in international oil prices . The overall decline in international oil prices , coupled with the slowdown in domestic demand for refined oil products, has already adjusted the price of the domestic refined oil market.

Shi Dan, director of the Energy Economics Research Office of the Institute of Industrial Economics of the Chinese Academy of Social Sciences, believes that the main reason for the decline in domestic oil prices is the decline in domestic economic growth, which has led to a slowdown in domestic demand for refined oil. In her view, even if the oil price is adjusted, the impact on the company is not great.

Shi Dan said that the adjustment of oil prices is mainly affected by the adjustment of national economic growth rate and the fluctuation of international oil prices . This adjustment is also within the scope of the authority of oil companies, and seasonal and regional adjustments are made according to local conditions. "Lower oil prices is temporary, in the long run, grid remained stone oil prices stabilize."

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