Last week, the average wholesale price of gasoline and diesel rose month-on-month

China's gasoline and diesel wholesale prices show that last week (affected by the Dragon Boat Festival holiday, take the average value from May 30 to June 2), the average wholesale prices of 92# gasoline and diesel (including low freezing point) in the country were 9401 yuan / ton and 8797 yuan / ton, respectively, up 163 yuan / ton and 131 yuan / ton respectively from the previous week, and the overall price level of gasoline and diesel rose
month-on-month.

China Gasoline and Diesel Wholesale Price Index Weekly Average Price Chart (:yuan/ton)

From the next cycle point of view, supply and demand, the industry refinery operating load is expected to rise; With the improvement of the epidemic situation in some areas, the obvious increase in residents' private car travel, coupled with the replenishment of some industries after the Dragon Boat Festival, multiple factors will jointly support the gradual recovery of gasoline demand; At present, the operating rate of outdoor infrastructure projects is at a high level, coupled with the increase in summer oil consumption, it is expected that diesel demand will be stable and rising
.
In terms of crude oil, due to the landing of the EU embargo on Russian oil sanctions, Europe and the United States ushered in the peak season of driving trips, and the decline in the inventory of crude oil and refined oil products in the United States, it is expected that international oil prices will show a strong trend
.
In terms of refined oil, the recent average price change rate of a basket of crude oil has continued to run positively, and there is an expectation of an increase in domestic refined oil prices at 24:00 on June 14, which constitutes a certain support
for the market situation.
On the whole, it is expected that the wholesale prices of domestic gasoline and diesel will rise
steadily in the next cycle.

China gasoline and diesel wholesale prices are jointly issued by China Economic Information Service, China Petroleum Economic and Technical Research Institute and Shanghai Petroleum and Natural Gas Trading Center, based on the collection and calculation of wholesale price data for major operations and social operations (excluding refineries) nationwide, and are authoritative products
reflecting the overall situation of China's gasoline and diesel wholesale market.
At present, the data is mainly provided by the China Petroleum Economic and Technical Research Institute, and the data coverage will be further expanded
in the future.