The price of refined oil greets the "four consecutive falls" and repels all the gains during the year.

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The price of refined oil greets the "four consecutive falls" and repels all the gains during the year.

2018-12-14 20:25:08 109 ℃

Zhongxin Jingwei client December 14th Today, at 24 o'clock on the 14th, the domestic refined oil price adjustment window will be opened again. This oil price ushered in the "four consecutive declines", reversing all the gains during the year, and further fell below the pre-adjustment price at the beginning of the year.

The National Development and Reform Commission announced on the 14th that since 24 o'clock on December 14, 2018, domestic gasoline and diesel prices (standard products, the same below) decreased by 125 yuan and 120 yuan per ton respectively.

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It is reported that this price adjustment window is the 25th time of the year. Analyst Yang Xia said that this was also the 11th downgrade during the year. At that time, after the price rises and falls, the retail price limit for refined oil products will be directly converted to a downward adjustment. In general, since the beginning of this year, domestic refined oil prices have shown a pattern of “13 up 11 down 1 stranded”.

The next round of price adjustment window will open at 24 o'clock on December 28, 2018. Zhongyu Information Analysis predicts that the final round of price adjustment this year will end with a strand.

Jinlianhuang analyst Zou Xuelian said that the current US oil production is still at a high level, and the market expects that the oil market will still face oversupply in the first quarter and the second quarter of 2019, which has put pressure on oil prices.

Zhongyu Information believes that the international crude oil market is profitably intertwined, and the OPEC+ production reduction agreement will support the bottom of the market, but the global market demand outlook is not optimistic, making the crude oil market enter a narrow consolidation period. Zhongyu Information said that the next round of price adjustment starts at 24 o'clock on December 28, and the final round of price adjustment in 2018 is expected to end. (Zhongxin Jingwei APP)