The agency predicts that the price of oil will now rise “five consecutive times”

At 24:00 on May 25 (that is, at 0:00 this Saturday), the refined oil price adjustment window will be opened again. According to a number of agencies, the adjustment will be adjusted upwards, which will increase the price by about 220 yuan to 260 yuan per ton, or become the biggest increase in oil prices this year. After this adjustment is completed, the domestic oil price will now “five consecutive up”.

In the current price adjustment cycle, international oil prices have shown upward trend. The decision by the United States to restart sanctions against Iran has exacerbated the tensions in the geopolitical situation. In addition, the decline in U.S. crude oil inventories has made the trend of global supply and demand balance back into balance. This has led to ample upward momentum for oil prices, which has also driven the overall rate of change in oil prices to skyrocket.

This month, WTI crude oil prices rose above 72 US dollars, Brent oil even exceeded 80 US dollars.

As of the close of local time on May 22, the US WTI crude oil futures price for June futures closed down $0.11, or 0.15%, to $72.13. The ICE Brent crude oil futures price for June futures closed up 0.35 US dollars, or 0.44%, to US$79.57/barrel.

According to Longzhong Information, according to the current international oil price level, it is expected that the daily price adjustment will be 260 yuan/ton. Jinlianchuang’s estimated increase was RMB 240/t. And Zhuo Chuang Information estimates an increase of 220 yuan / ton. If the increase is calculated at RMB 220/ton, it is expected to increase by RMB 0.17/liter to RMB 0.19/liter per liter, which means that filling a box of 50 liters of oil tanks will cost 8-9 yuan more.

According to the ten working day adjustment principle of China's oil pricing mechanism, it is currently the eighth working day. By this Saturday's zero, the rise in oil prices is a foregone conclusion.

The price adjustment will be the seventh increase since entering 2018, and it will be the fifth consecutive increase after the oil price ran aground on March 14. After this price adjustment, the price adjustment bureau in 2018 will change to “seven ups, three downs and one down”.

The increase rate is expected to refresh the year's high. The largest increase in the previous year occurred at 2400 on April 26, gasoline and diesel increased by 255 yuan / ton and 245 yuan / ton.

According to Zhuochuang statistics, after four increases in the past two months, the cumulative increase of gasoline and diesel reached RMB 650/ton and RMB 625/ton respectively, equivalent to the increase price, and 92# gasoline and 0# diesel respectively increased cumulatively by 0.51 per liter. Yuan, 0.53 yuan.