HC Chemical Network News 20, although the New York oil prices rebound slightly, but by early fall, oil prices have fallen below the international mainstream red oil 4%, the wholesale price of oil beginning of a full diving Guangdong, diesel and even below 14 April the wholesale price rises. Wen / Xu Starfish
Last domestic oil prices in the 14 April. OGA Yao Daming oil minister told reporters, according to the mainstream of WTI prices, the last time to adjust the price of 82.34 U.S. dollars for reference / barrel, an average of 22 days the price is 82.9 U.S. dollars / barrel, more than a month after the adjustment, the international oil Price is the price has been at 70 U.S. dollars / barrel range, the average price of 22 days is 78.7 U.S. dollars / barrel, has cut prices to meet the domestic standard.
Drop or 500 yuan / ton “According to our estimates, domestic oil prices have fallen below 4% of the international mainstream of the red line oil, if oil prices remain at present levels, to early next month, should cut prices, a decline is estimated at 300 ~ 500 yuan / ton. “Yao Daming told this reporter.
china Energy Network CIO HAN Xiao-ping told reporters that the domestic price of oil has indeed been a price adjustment window, the current price of oil than China, the United States by 5% to 10%, he concluded that price adjustment will be conducted in mid-June. Guangdong, the wholesale price of refined oil
Diving Wang energy in accordance with income data, to April 12 for the base period, as of May 19, the three crude rate of change of the weighted average price of 22 days has been reduced to 2.37%, the highest rise after more than 6% . This means that international oil prices, such as according to current prices, to the end, also fell 4% of the price adjustment to meet the conditions.
In fact, this reporter learned that Guangdong has been fully refined oil wholesale market dive. And subsequently also the retail market, located in GuangZhou, a small suburban gas stations, has launched a petrol discount rate of about 0.1 yuan / liter or so. Goldman Sachs still in the shadow of liquidation
reduce oil speculation The future trend of international oil prices
the short term, to see still more pessimistic, Chief Information Officer of China Energy Network HAN Xiao-ping told reporters that the debt crisis and the Goldman Sachs survey of Europe, make the international oil prices cast a dark shadow.
“Goldman Sachs has been investigation is a domino effect, Goldman Sachs has manipulated the international oil speculation, after investigation it would be of convergence, while investment banks in Europe also have been investigated this way, the international oil prices are speculative funds retreat, so oil prices will drop over 20% in two weeks. ” If Goldman Sachs is clearing efforts continue to increase, prices will fall further. Yaoda Ming said that there is oversupply, but the long term to continue to rise at the end is expected to return 80 to 90 dollar / barrel.