Oil prices may be lowered! No. 92 gasoline is expected to return to the "8 yuan era"

After just experiencing a wave of price cuts in the last round, domestic oil prices are expected to usher in the first "two consecutive declines"
in the year.

At 24:00 on July 12, a new round of refined oil price adjustment window will open, and the agency predicts that the current round of refined oil prices will show a "continued decline" market, ushering in the third downward adjustment
of the year.

Recently, international oil prices have first suppressed and then risen, and the overall trend has shown a wide range of shocks
.
Poor U.
S.
economic data exacerbated recession fears, and rising market risk aversion led to a wide fall in
oil prices.

Affected by the decline in international crude oil prices, according to the agency's calculations, as of the ninth working day of July 11, the average price of crude oil varieties referenced by domestic oil prices was 107.
72 US dollars / barrel, the rate of change was -4.
34%, and it is expected that the domestic gasoline and diesel will be reduced by 340 yuan per ton, equivalent to about
0.
3 yuan per liter of gasoline and diesel.
After the current round of oil price adjustment, the price of No.
92 gasoline in some areas is expected to drop below 9 yuan per liter and return to the "8 yuan era"
.

Jin Lianchuang pointed out that in this round of price adjustment cycle, under the high oil price, the terminal oil consumption in Europe and the United States has been suppressed to a certain extent, and the demand growth in the peak consumption season in Europe and the United States is not as expected has also made the market start to worry about the supply and demand pattern
.
But later, with Russia suspending the Caspian Pipeline Union's pipeline business, the market expects to lose another 30 million barrels of crude oil supply in the next January, and anxiety has pushed oil prices to start rebounding
.

"At present, the crude oil market has not been able to distinguish between recession expectations and supply shortage concerns, and international oil prices have a wide range of fluctuations around the two
.
" Jin Lianchuang crude oil analyst Han Zhengji believes that overall, although in the past two trading days, investors' expectations of a shortage of crude oil supply have reoccupied the market dominance, but with the release of non-farm data in the United States on the 8th and the actual data is higher than the market forecast, the Fed's expectation that interest rates will be raised again in July will be strengthened again, which may strengthen the impact of economic factors, resulting in a downward pressure on
oil prices.