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| Oil prices, or will usher in the "seven-day losing streak." | ||
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October 30 is the ninth round of oil price denominated working cycle, a new round of oil price adjustment window opens on October 31. By weak oil demand and ample supply factors, such as the recent international crude oil prices continue to decline, the rate of change in crude oil prices led to a package continues to run negative. Market expects domestic oil prices will usher in the history of the first "seven-day losing streak." The latest oil price system data Xinhua News Agency October 30 release of the show, October 29 average basket of crude oil price changes was -5.76%. October 31 is the tenth business day of the pricing cycle, gasoline and diesel price adjustment window will open again, according to the current rate of change of a basket of crude oil prices, it is expected this domestic gasoline and diesel prices will be lowered from 24 pm on the 31st, have dropped will exceed 200 yuan / ton. If you cut the trip, this will be the seventh consecutive cut domestic gasoline and diesel prices since July of this year. Since July, a series of negative factors, the global oil supply and demand outlook is bleak and so abundant, the international crude oil prices fell sharply. In this valuation cycle, abundant oil supply situation is still rather weak demand, international oil prices continued to slump, driven by crude oil basket price change rate continued to run in the negative range, and the magnitude of the deeper, making the oil price adjustment is expected to basically clear. Country at the end of March 2013 after the introduction of the oil price formation mechanism perfect. Under the new mechanism, domestic gasoline and diesel prices once, when the price rises of less than 50 yuan per ton, no adjustment changes in international crude oil prices adjusted every 10 days, or to offset the cumulative price included in the next time. A year and a half to run the new mechanism, the domestic refined oil retail prices experienced a 12 up 15 down 12 stranded totaling 39 times the price adjustment period. Since July, 90 # gasoline and 0 # diesel retail prices per liter were reduced by a total of 0.79 yuan and 0.9 yuan. Long field organization Petrochemical Public Network analyst Xu Ying believes that domestic gasoline and diesel retail prices overall fell back "six-membered era", bring "benefits" for both private owners and logistics, but also refined oil wholesale market into a corner. Retail prices fell for six cumulative decline has reached a thousand dollars, while the wholesale and retail cut only about half of the private stations and retail profits shrunk dramatically. The current market strong bearish sentiment, and poor domestic economic environment during the year, the downstream end demand is low, the market traded sentiment, the industry shorten operating cycles, Kuaijinkuaichu mainly to reduce operational risk. News From: dangerous goods transport, transport of dangerous goods in Guangdong, Dongguan dangerous goods transport, dangerous goods logistics company TDG professional service providers, Guangdong De Ye Dangerous Goods Logistics Co., Ltd. Website: www.deye56.com |
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