International oil prices fall!

Recently, due to market economic prospects that are not optimistic about the world's economic prospects, especially for the economic trend of developed countries, at the same time, the increase in crude oil supply increase and the strengthening of the US dollar index have caused international oil prices to fluctuate.

Today, as of 18:10 Beijing time, US oil futures price was reported at $ 88.53/barrel, and Brent crude oil futures were reported at $ 94.39/barrel. International oil prices returned to the level six months ago.

Some experts analyzed that the operation of international oil prices was conducive to reducing costs and improving profit margins in China's manufacturing industry, and also had a certain positive stimulus effect on travel and consumption.

01

International oil prices fall

Ukrainian crisis before the crisis

Recently, international oil prices have continued to decline, shaking around the price of $ 90/barrel, and we will return to the level around February 15.

On August 15th, as of 18:10 Beijing time, US oil futures price fell 3.87%compared with the previous trading day to $ 88.53/barrel. Brent crude oil fell 3.83%from the previous trading day to $ 94.39/barrel. Essence

Why does international oil prices continue? The August monthly oil market report released by the International Energy Agency showed that the increase in crude oil supply and the market that the market is concerned about the world's economic prospects is the main reason why international oil prices are significantly recovered from the peak of June this year ($ 118.08/barrel).

The report believes that in the past few months, the scale of Russia's crude oil supply has been reduced less than expected. Although the scale of oil and gas exports in developed countries such as Europe and the United States has decreased, the exports to India, Turkey and other countries have increased. Global crude oil supply is tight.

At the same time, the market is generally not optimistic about the recent world economic prospects, especially the economic trend of developed countries. According to data recently released by the Market Analysis Institution, the World Society of Large -scale Enterprises Research shows that as the level of inflation has continued to remain high, American consumers are more pessimistic about economic prospects. The lowest value since the month.

The UBS analysis shows that the market is not optimistic about the prospects of world economic growth and the strengthening of US dollars. In the first half of the year, international oil prices were weakened due to geopolitical tension, limited production capacity, and insufficient investment. Once the world economy has declined, commodity prices, including international oil prices, may further fall.

02

International oil price recovery is beneficial to

China's economic steady recovery

What impact will international oil prices operate on the Chinese economy? Many analysts believe that international oil price recovery is conducive to the stable recovery of China's economy and will have a positive effect on manufacturing, transportation and consumption.

"As the main demand country in global oil, China has a high degree of foreign dependence. The decline in international oil prices can reduce the cost of oil imports. For the domestic petrochemical industry, the cost can be continuously passed on to downstream terminal products; another In terms of domestic travel costs, it will also be reduced, and it will form a certain stimulation and drive role in consumer demand. "Liu Jiao, a researcher at the Energy Department of Huishang Futures Research Institute, analyzed.

Zhang Xiao, an analyst of Guoyuan Futures Energy and Chemical Industry, also believes that the decline in international oil prices will reduce import costs, which has a positive impact on the operating costs of the Chinese economy, which is conducive to the steady development of the domestic economy. At present, in addition to the maintenance of domestic oil prices and international oil prices, the prices of fossil energy such as natural gas and coal have also maintained a stable trend.

"International oil prices will directly drive the downturn of domestic PPIs, reduce the cost of downstream manufacturing, and increase corporate profits." Said Tang Jianlin, a researcher at Jinxin Futures.

03

Domestic oil prices

Or "5 consecutive drops" appear

On August 15th, the fourth working day of the new round of oil price cycle in my country, the accumulated decrease was 190 yuan / ton, and the conversion was reduced to 0.15-0.16 yuan / liter.

It is understood that the new round of oil price adjustment will be opened at 24:00 on August 23. Due to the high probability of reducing the current forecast, there may be a "5 consecutive drop"!

According to data, from 24:00 on August 9, domestic auto and diesel prices (standard products, the same below) were reduced by 130 yuan and 125 yuan per ton, respectively. On average: 92 gasoline No. 92 is reduced by 0.1 yuan per liter; 95 gasoline is reduced by 0.11 yuan per liter. According to the capacity of 50L of the general car fuel tank, it will spend 5 yuan for a box 92 gasoline.

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Source: Hubei Daily Comprehensive from Xinhua News Agency,@来 来, Zhongxin Jingwei, Securities Daily, Surging News, etc.

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