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    Home > Chemicals Industry > Petrochemical News > Oil prices have skyrocketed by 60%! The price of gasoline in many countries exceeded 9 yuan per liter, and this is the reason

    Oil prices have skyrocketed by 60%! The price of gasoline in many countries exceeded 9 yuan per liter, and this is the reason

    • Last Update: 2023-03-25
    • Source: Internet
    • Author: User
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    Recently, with the rising international crude oil prices, gasoline prices in various countries around the world have risen, and gasoline prices in the United States have reached a 9-year high, and the price of gasoline per liter at gas stations has exceeded 14 yuan
    .

    According to CCTV reports, data show that since the beginning of this year, international crude oil prices have soared by more than 60%, and gasoline prices in many countries have exceeded 9 yuan
    per liter.

    The latest data released by the British Office for National Statistics on the 20th showed that the price of gasoline in the UK soared 19% year-on-year in September, reaching 1.
    35 pounds per liter, about 11.
    86 yuan, the highest level in eight years - which also means that compared with the same period last year, each tank of fuel needs to spend 10.
    8 pounds more, about 95 yuan
    .

    In Japan, the retail price of regular gasoline has risen by about 20% this year to 166 yen per liter, or about 9.
    3 yuan, a seven-year high
    .

    The average price of gasoline in South Korea has also exceeded 1,700 won per liter, about 9.
    3 yuan
    , for the first time in seven years.

    India, the world's third-largest oil consumer, has seen gasoline prices rise 23 percent since the beginning of the year to 107 rupees per liter, or about 9 yuan
    .
    Some car owners said that if the oil price rises further, they can only sell their cars
    .

    Gasoline prices in the United States have soared, reaching their highest levels
    in recent years.
    In California, "high-quality gasoline" at gas stations in a few remote towns has risen to about $8.
    50 per gallon, or about 14.
    33 yuan
    per liter.

    Experts pointed out that after the outbreak of the new crown pneumonia epidemic, OPEC's production reduction agreement with non-OPEC oil producers has caused a rapid decline
    in global oil inventories.

    At the same time, U.
    S.
    crude oil production was hit by Hurricane Ida in August, and U.
    S
    .
    oil and gas companies generally showed hesitation to increase drilling and development, which led to weak U.
    S.
    crude oil supply growth.

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