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In the international crude oil downstream of the environment, domestic oil prices began to loosen
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| Release time：2013.09.22 News source：Yuhuan TRV Throttle Body Co.,ltd,Throttle Body,Throttle Valve Browsing number： |
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As the market suffered a military strike against Syria greatly ease concerns , along with international oil prices fall . International oil prices continued to fall also makes the domestic refined oil price reduction is expected to become increasingly strong , coupled with the end of the main price cuts to stimulate sales volume for the rush , causing the domestic oil market downturn again expected holiday market gasoline and diesel prices will show a steady downward trend.
Crude oil prices continued trading day prior to a decline in demand caused by unfavorable prospects came to the lowest level since a month , the main floor trading in crude oil contract was down $ 104.67 a barrel .
According Kero Throttle Valve is understood that in the international crude oil downstream of the environment , the domestic oil prices began to loosen. North , along the East China market stable dark or bright , the actual turnover dropped 30-50 yuan / ton. Southwest, Northwest , Northeast market when market prices firm . Refining , the international crude oil fell for two consecutive days increased downward pressure on refining gasoline and diesel , but the market demand support, gasoline and diesel remained stable trend.
As of September 18 , in 26 major cities in the petroleum, petrochemical country, three 93 gasoline wholesale price 9361 yuan / ton, the wholesale price of diesel , No. 30 of 8231 yuan / ton, respectively, compared to the retail price in place 834 yuan / ton and 547 yuan / ton price difference. State four 93 gasoline wholesale price 9292 yuan / ton , the country 40 diesel wholesale price 8195 yuan / ton.
After Mid- market suffered another cut is expected to suppress , coupled with the end of the main tasks on the amount rush mentality aggravated market dominant negative factors , gasoline and diesel prices have downside risk. But the end of the fishing moratorium East and North increased demand for agricultural oil , diesel demand is concentrated amplification, coupled with the advent of double boosted gasoline rising consumer demand , short-term oil prices have support. Taken together, the holiday market gasoline and diesel prices become steady downward market trading atmosphere or to maintain the status quo .
On Wednesday , when the Fed announced a surprise $ 85 billion a month to maintain the asset purchase program size, including crude oil, a variety of commodity futures prices rose after being supported . But energy market investors followed the Fed 's decision to interpret the statement , showing the Fed is that economic prospects are not strong enough case to make this decision . Fed also forecast period will be published in 2013 economic growth forecast to 2.3% from the previous 2.8 percent to 2.0 percent cut to 2.3%. When oil prices Thursday as investors worried about the demand side fell 1.6%.
According to the Throttle Valve Kero noted , the recent oil price decline is entirely reasonable , after all , no matter how expansionary monetary policy have no way to eliminate the crude oil market supply surplus . On the other hand , the risk of such a supply continues to increase . For example, Libya's production has increased to 620,000 barrels per day , more than the country's western oil fields have been restored to normal production.
European benchmark contract - Intercontinental Exchange in London, November Brent crude contract on Friday rose 46 cents to settle at $ 109.22 a barrel , or 0.4 %, partly recovered Thursday , when a 1.7% decline since the week to help decline narrowed to 2.2%.
Other energy products, Friday, October gasoline contract fell 1 cents to close at $ 2.68 a gallon , down 0.5 per cent is ; October distillate fuel oil over the same period ended flat at $ 3.00 per gallon . Week, gasoline contract offer fell 3.1 percent , distillate fuel oil prices fell 3.5%. |
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