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    Home > Chemicals Industry > Petrochemical News > The 10 yuan oil price era will change us something

    The 10 yuan oil price era will change us something

    • Last Update: 2023-02-16
    • Source: Internet
    • Author: User
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    "Oil prices are getting higher and higher, so we need to reduce self-driving and increase green travel
    .
    " This is the reaction of
    the average consumer.

    "Oil prices are too high, operating costs are getting higher and higher, and the pressure is very high
    .
    " This is the voice
    of transportation companies.

    On June 15, after a new round of refined oil price adjustment, domestic No.
    92 gasoline fully entered the "9 yuan era", and some areas No.
    95 gasoline officially entered the "10 yuan era", and even No.
    95 gasoline in a few areas exceeded 11 yuan / liter, such as the maximum retail price of No.
    92 gasoline after the price adjustment in Hainan was 10.
    43 yuan / liter, and No.
    95 gasoline was 11.
    1 yuan / liter
    .

    The crux of the matter is that from the current point of view, high oil prices will not be short-lived, in the coming period, with the summer peak demand period, gasoline inventories decline, Russia-Ukraine conflict caused by the international crude oil market supply shortage and other factors, the overall international crude oil prices will show a shock upward trend
    .
    At present, most institutions predict that oil prices will fluctuate at high levels or even continue to rise, which means that we may be in the era of
    10 yuan oil prices for a long time.

    What will the era of 10 yuan oil prices change us?

    First of all, what has changed is our concept, perception and use
    of energy consumption.
    Under the influence of various factors such as technological innovation, environmental and climate protection, and the promotion and use of new energy, traditional fossil energy is already in the transformation and upgrading period of consumption, on the one hand, the proportion of traditional fossil energy in energy use is gradually decreasing, on the other hand, it is also continuously improving the efficiency
    of traditional fossil energy through technological innovation.
    The advent of the 10 yuan oil price era will further accelerate the dependence on or use of traditional fossil energy, and further accelerate the use, promotion and technological innovation
    of new energy.

    At the same time, the current round of global oil prices will undoubtedly accelerate the withdrawal of fuel vehicles and the replacement
    of new energy vehicles.
    This is already evident in China
    .
    The data shows that affected by high oil prices, more people choose to buy new energy vehicles
    .
    According to the data released by the China Association of Passenger Vehicles, in May, the wholesale sales of new energy passenger vehicles reached 421,000 units, an increase of 111.
    5% year-on-year and a month-on-month increase of 49.
    8%.

    From January to May, domestic retail sales of new energy passenger vehicles were 1.
    712 million units, an increase of 119.
    5%
    year-on-year.

    Second, it will change people's travel behavior
    .
    A large number of data and surveys show that the higher the price of oil, the more
    people choose to travel green.
    This also means that public transportation, including rail transit, will usher in the need to
    further improve and increase investment and construction.

    Third, the continuation of the 10 yuan oil price era, inflationary pressure will come, the continuous 10 yuan oil price era will gradually transmit the pressure of rising costs to all aspects of the industrial chain and production and life, resulting in the entire social operation and the rise
    of production and living costs.
    Against the backdrop of the unprecedented changes in a century and the pandemic of the century, the speed and time period of economic recovery will be greatly extended, and the efforts required to maintain growth will be further increased
    .

    For China, there is no room for domestic oil prices to rise, and there is no need to worry too much
    .
    From the perspective of the current domestic oil price adjustment mechanism, when the domestic crude oil price of the international market is higher than $130 per barrel, the maximum retail price of gasoline and diesel will not be mentioned or underestimated
    .
    According to the same data system, as of 17:00 on June 14, the WTI crude oil 2207 contract was reported at $121.
    85 / barrel, and the Brent crude oil 2208 contract was reported at $123.
    17 / barrel
    .
    This means that even if international oil prices continue to rise or even exceed $130 per barrel in the future, domestic oil prices will be relatively stopped at a certain price level and will not rise indefinitely
    .
    Judging from the current upward adjustment space, the domestic No.
    92 gasoline should be controlled within
    11 yuan / liter.

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