Market News The "eighth rise" of oil prices this year? A tank of fuel for a family car costs 62 yuan more than last year!
The "eighth rise" of oil prices this year? A tank of fuel for a family car costs 62 yuan more than last year!
Global oil demand growth is expected to slow from 4.4 million barrels per day in the first quarter to 190 barrels per day in the second quarter, amid a slowing economic recovery and rising oil prices, the International Energy Agency (IEA) said in its monthly oil report. million barrels. Some people believe that with weakening demand, weak global economic prospects, and the spread of the epidemic, global oil price gains may be limited, or there may be a volatile downward trend in the future.
2022-05-16
8944
At 24:00 on May 16, a new round of price adjustment window for domestic refined oil products will open, and the eighth increase in the year may be a foregone conclusion.
According to the calculation of Zhongyu Information, on the ninth working day of this round, the estimated price of Zhongyu crude oil was 107.17, which was 2.202 or 2.10% higher than the benchmark price.
According to the calculation of Jinlianchuang, as of the ninth working day, the average price of reference crude oil varieties is 107.47 US dollars / barrel, the rate of change is 2.19%, and the corresponding domestic gasoline and diesel retail prices should be increased by 240 yuan / ton. It is expected that the retail price increase in this round may be around 250 yuan / ton, and the price of No. 92 gasoline will increase by about 0.20 yuan.
The reporter noticed that if the current round of price adjustment is implemented, the price adjustment of refined oil products in 2022 will show a pattern of "eight ups, one down and zero stranding". After the price adjustment, the national average price of No. 92 gasoline is about 8.7 yuan/liter, and the average price of No. 95 gasoline is about 9.2 yuan/liter.
Calculated based on an ordinary private car with a fuel tank capacity of 50L, after this price adjustment, car owners will spend about 10 yuan more to fill up a tank of fuel; according to the model with a fuel consumption of 7L~8L per 100 kilometers in the urban area, the average cost per 100 kilometers traveled An increase of about 1.6 yuan. For a large-scale logistics transportation vehicle with a full load of 50 tons, the fuel cost increases by about 8 yuan for every 100 kilometers traveled on average. This price adjustment will increase the cost of private car owners and logistics companies a lot.
In this regard, some netizens said: "Okay, I got it", "It's already numb, let's love it."
In fact, since the beginning of this year, domestic gasoline prices have increased by 1,645 yuan/ton, and diesel prices by 1,585 yuan/ton. Among the seven price increases during the year, March 17 saw the largest adjustment, with gasoline increasing by 750 yuan per ton and diesel by 720 yuan per ton.
Calculated at about 1,330 liters per ton of gasoline, since the beginning of this year, the domestic retail price of gasoline has risen by about 1.24 yuan per liter. This means that for an ordinary private car with a fuel tank capacity of 50L, car owners will spend about 62 yuan more to fill up a tank of fuel than last year. According to the models that consume 7L~8L of fuel per 100 kilometers in the urban area, the average cost per 100 kilometers will increase by about 9.9 yuan.
Regarding the frequent rise in oil prices, some netizens said: "Shuan Q, ready to sell the car."
According to Sino-Singapore Jingwei reports, during this round of pricing cycle, U.S. oil (WTI) once fell below $100. However, with the release of CPI and PPI data in the United States in April, the inflation pressure at the high point in the past 40 years has put pressure on US stocks one after another, and the impact of the conflict between Russia and Ukraine continues, and international crude oil has continued to rise. As of the early morning of May 14, GMT+8, WTI June crude oil futures closed up 4.11% at $110.49 per barrel; Brent July crude oil futures closed up 3.82% at $111.55 per barrel.
It is worth mentioning that, driven by the overall trend, the performance of the domestic "three barrels of oil" has also ushered in a highlight moment. Among them, the report for the first quarter of 2022 disclosed by Sinopec (600028.SH) showed that its operating income was 771.386 billion yuan, a year-on-year increase of 33.8%; the net profit attributable to the parent was 22.605 billion yuan, equivalent to a daily net profit of 251 million yuan. A year-on-year increase of 24.5%.
PetroChina (601857.SH) achieved operating income of RMB 771.386 billion in the first quarter of 2022, a year-on-year increase of 33.8%; CNOOC (600938.SH) unaudited oil and gas sales revenue of approximately RMB 82.38 billion, A year-on-year increase of 70.44%. The net profit attributable to shareholders of the parent company was 34.30 billion yuan, a year-on-year increase of 131.67%.
As of press time, PetroChina reported 5.16 yuan per share; Sinopec reported 4.33 yuan per share, up 0.46%; CNOOC reported 15.69 yuan per share, up 2.82%.
Global oil demand growth is expected to slow from 4.4 million barrels per day in the first quarter to 190 barrels per day in the second quarter, amid a slowing economic recovery and rising oil prices, the International Energy Agency (IEA) said in its monthly oil report. million barrels. Some people believe that with weakening demand, weak global economic prospects, and the spread of the epidemic, global oil price gains may be limited, or there may be a volatile downward trend in the future.
"High oil prices are more certain in the next two years. Short-term crude oil prices are expected to deteriorate due to the impact of the epidemic, and they will be adjusted; the possibility of weakness cannot be ruled out from April to early May." Guotai Junan Securities said in a related research report that with the The peak season in mid-to-late May is expected to improve demand, the impact of the epidemic on logistics will be followed or marginally improved, and overseas demand is high and resilient, which maintains the annual Brent core of 90-100 US dollars per barrel unchanged.
Article source: Daily Economic News
Original title: The "eighth rise" of oil prices this year is coming? A tank of fuel for a family car costs 62 yuan more than last year! Netizen: "Shuan Q, ready to sell the car"
According to the calculation of Zhongyu Information, on the ninth working day of this round, the estimated price of Zhongyu crude oil was 107.17, which was 2.202 or 2.10% higher than the benchmark price.
According to the calculation of Jinlianchuang, as of the ninth working day, the average price of reference crude oil varieties is 107.47 US dollars / barrel, the rate of change is 2.19%, and the corresponding domestic gasoline and diesel retail prices should be increased by 240 yuan / ton. It is expected that the retail price increase in this round may be around 250 yuan / ton, and the price of No. 92 gasoline will increase by about 0.20 yuan.
The reporter noticed that if the current round of price adjustment is implemented, the price adjustment of refined oil products in 2022 will show a pattern of "eight ups, one down and zero stranding". After the price adjustment, the national average price of No. 92 gasoline is about 8.7 yuan/liter, and the average price of No. 95 gasoline is about 9.2 yuan/liter.
Calculated based on an ordinary private car with a fuel tank capacity of 50L, after this price adjustment, car owners will spend about 10 yuan more to fill up a tank of fuel; according to the model with a fuel consumption of 7L~8L per 100 kilometers in the urban area, the average cost per 100 kilometers traveled An increase of about 1.6 yuan. For a large-scale logistics transportation vehicle with a full load of 50 tons, the fuel cost increases by about 8 yuan for every 100 kilometers traveled on average. This price adjustment will increase the cost of private car owners and logistics companies a lot.
In this regard, some netizens said: "Okay, I got it", "It's already numb, let's love it."
In fact, since the beginning of this year, domestic gasoline prices have increased by 1,645 yuan/ton, and diesel prices by 1,585 yuan/ton. Among the seven price increases during the year, March 17 saw the largest adjustment, with gasoline increasing by 750 yuan per ton and diesel by 720 yuan per ton.
Calculated at about 1,330 liters per ton of gasoline, since the beginning of this year, the domestic retail price of gasoline has risen by about 1.24 yuan per liter. This means that for an ordinary private car with a fuel tank capacity of 50L, car owners will spend about 62 yuan more to fill up a tank of fuel than last year. According to the models that consume 7L~8L of fuel per 100 kilometers in the urban area, the average cost per 100 kilometers will increase by about 9.9 yuan.
Regarding the frequent rise in oil prices, some netizens said: "Shuan Q, ready to sell the car."
According to Sino-Singapore Jingwei reports, during this round of pricing cycle, U.S. oil (WTI) once fell below $100. However, with the release of CPI and PPI data in the United States in April, the inflation pressure at the high point in the past 40 years has put pressure on US stocks one after another, and the impact of the conflict between Russia and Ukraine continues, and international crude oil has continued to rise. As of the early morning of May 14, GMT+8, WTI June crude oil futures closed up 4.11% at $110.49 per barrel; Brent July crude oil futures closed up 3.82% at $111.55 per barrel.
It is worth mentioning that, driven by the overall trend, the performance of the domestic "three barrels of oil" has also ushered in a highlight moment. Among them, the report for the first quarter of 2022 disclosed by Sinopec (600028.SH) showed that its operating income was 771.386 billion yuan, a year-on-year increase of 33.8%; the net profit attributable to the parent was 22.605 billion yuan, equivalent to a daily net profit of 251 million yuan. A year-on-year increase of 24.5%.
PetroChina (601857.SH) achieved operating income of RMB 771.386 billion in the first quarter of 2022, a year-on-year increase of 33.8%; CNOOC (600938.SH) unaudited oil and gas sales revenue of approximately RMB 82.38 billion, A year-on-year increase of 70.44%. The net profit attributable to shareholders of the parent company was 34.30 billion yuan, a year-on-year increase of 131.67%.
As of press time, PetroChina reported 5.16 yuan per share; Sinopec reported 4.33 yuan per share, up 0.46%; CNOOC reported 15.69 yuan per share, up 2.82%.
Global oil demand growth is expected to slow from 4.4 million barrels per day in the first quarter to 190 barrels per day in the second quarter, amid a slowing economic recovery and rising oil prices, the International Energy Agency (IEA) said in its monthly oil report. million barrels. Some people believe that with weakening demand, weak global economic prospects, and the spread of the epidemic, global oil price gains may be limited, or there may be a volatile downward trend in the future.
"High oil prices are more certain in the next two years. Short-term crude oil prices are expected to deteriorate due to the impact of the epidemic, and they will be adjusted; the possibility of weakness cannot be ruled out from April to early May." Guotai Junan Securities said in a related research report that with the The peak season in mid-to-late May is expected to improve demand, the impact of the epidemic on logistics will be followed or marginally improved, and overseas demand is high and resilient, which maintains the annual Brent core of 90-100 US dollars per barrel unchanged.
Article source: Daily Economic News
Original title: The "eighth rise" of oil prices this year is coming? A tank of fuel for a family car costs 62 yuan more than last year! Netizen: "Shuan Q, ready to sell the car"
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