The National Development and Reform Commission issued a notice on November 28 stating that at midnight on November 29, the prices of gasoline and diesel will be increased by 160 yuan/ton and 155 yuan/ton per ton respectively, equivalent to retail sales, with gasoline raised by 0.12 yuan/liter and diesel by 0.13 yuan. /Rise. The Shanghai Development and Reform Commission subsequently issued a notice on its official website that the maximum retail price of petrol for gasoline service stations 92, 95, and 98 in Shanghai was adjusted to 7.77 yuan, 8.26 yuan, and 8.84 yuan per liter, and that for 0 diesel was adjusted to 7.66 yuan per liter. The price adjustment fulfilled a three-pronged decline in the highest retail price of refined oil, and the increase was in full agreement with the last price adjustment.
Since the price adjustment on November 15th, international oil prices have begun to turn into an upward channel. The oil product change rate index monitored by Anthus, an energy information agency, departed from 1.5% and then rose to 2.36% with the international oil price fluctuations. The domestic refined oil wholesale market has been shrouded in expectations of upward adjustment during this cycle of price adjustment.
In the current round of price adjustment cycle, the international crude oil market is dominated by positive factors, which are also accompanied by short-term negative pressure, but it is still difficult to change the upward trajectory of international oil prices. Market concerns about Libya’s supply disruptions, difficulty in reaching agreement on the Iranian nuclear issue, and the strengthening of the US manufacturing index are all key factors supporting the rise of international oil prices; while the Fed may reduce stimulus expectations during the year, Libya’s crude oil exports resume, and US crude oil inventories continue to increase. , then drag the oil price. As of November 27, New York NYMEX crude oil futures settled at 92.3 U.S. dollars/barrel, down 1.58 U.S. dollars per barrel on November 13, and London's Brent crude oil futures settled at 111.31 U.S. dollars per barrel, compared to November. On the 13th rose 4.18 US dollars / barrel.
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