To help travel during the Spring Festival, oil prices will fall for the first time in 2023

The Spring Festival is approaching, and there is good news
in terms of oil prices.
At 24 o'clock on January 17, 2023 (zero on Wednesday), it will usher in the first decline in refined oil products in 2023, which is expected to be lowered by about 200 yuan / ton
.

The rate of change in this round of price adjustment cycle showed negative fluctuations
.
Fears of a global market recession remain, and economic data remains weak
.
U.
S.
Energy Information Administration (EIA) crude inventories rose by 1.
694 million barrels in the week ended Dec.
30, compared with an expected increase of 2.
227 million barrels
.

During this week, the comprehensive rate of change of crude oil extended to a negative range, but the domestic gasoline and diesel market prices performed better, and the impact of epidemic factors on the refined oil market during the cycle was weakening, which continued to promote the bullish atmosphere in the future market; In addition, coupled with the support of stocking demand during the Spring Festival holiday, most production enterprises sold well, inventories continued to decline, and oil prices also opened a multi-round upward adjustment mode, and most of them rose widely, and the price of China's refined oil market showed a trend
of rising in the gasoline and chai market.

In 2023, the domestic refined oil price adjustment is currently undergoing a round, specifically one upward adjustment, zero reduction, zero stranding, a total increase of 250 yuan / ton for gasoline, and a total increase of 240 yuan / ton
for diesel.
After this round of price adjustment, the price adjustment bureau in 2023 will become "one rise, one fall and zero stranding"
.

The retail price of refined oil before the holiday has been reduced, which can reduce the fuel cost of travel during the Spring Festival holiday to a certain extent, and private car owners can adjust the price before refueling
.