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Original source: Sino-Singapore Jingwei
Sino-Singapore Jingwei Client, May 28th (Xiong Jiali) Today (28th) at 24:00, the window for the tenth round of domestic refined oil price adjustments in 2021 will be opened.
In the early morning of May 27th, Beijing time, international oil prices rose.
Zhang Zhaoxin, an analyst at Zhuo Chuang Information, said that in the near future, international oil prices have fallen first and then increased.
Longzhong Information analyst Li Yan analyzed that the overseas epidemic is still severe and investors are still cautious; with the advancement of vaccination, the United States, China and parts of Europe are recovering quickly from the epidemic, covering up the weakening of demand in India.
In terms of retail sales, the gasoline prices of 92# and 95# at Sinopec gas stations in Shandong are currently 6.
According to statistics from the Sino-Singapore Jingwei Client, since 2021, domestic refined oil prices have been adjusted for nine rounds, with a total increase of RMB 1,005/ton for gasoline and RMB 970/ton for diesel.
In accordance with the "ten working days" principle, the next round of price adjustment window will be opened at 24:00 on June 11, 2021.
Zhang Zhaoxin believes that the market currently holds optimistic expectations for global demand growth.
Regarding the market outlook, Jinlianchuang analyst Zou Xuelian said that the market is still optimistic about the growth of global crude oil demand, but the US-Iran negotiation process still affects market sentiment.