Sinopec Said Domestic Oil Prices Rose Or Slowed Down As A Matter Of Pricing Mechanism.
International oil price
Plunge
The domestic oil price reduction has not yet met the requirements.
Yesterday, Sinopec held a symposium with social supervisors to discuss hot issues such as oil prices.
For the public perception of the problem of "fast rising and slow down" of oil prices, Sinopec said that this is mainly
Price
Mechanism problems.
Yesterday, a total of 7 Sinopec social supervisors participated in the symposium. Before the meeting, Sinopec Research Institute pricing the current international oil market and the current public.
mechanism
The problem is explained.
As a social supervisor, Han Xiaoping, chief information officer of China energy network, puts forward why the public always feels that domestic oil prices are rising rapidly and slowing down.
Sinopec responded that this is mainly a pricing mechanism.
Recently, oil prices in New York have fallen sharply, but the international three crude oil rate of change leading to domestic oil price adjustment has been at a high level and has not met the -4% requirement, that is, it has not met the requirements of the domestic oil price reduction.
Reporters yesterday learned from a number of domestic commodity information organizations, the current three crude oil rate of change is close to 0, if international oil prices continue to decline, it is expected that in August 25th, domestic oil prices may usher in a downward window.
Why three crude oil rate of change
Fall
It's not obvious. An analyst at Treasure Island told reporters that the main reason is that the average rate of change in 22 days is due to the three crude oil variable rate. The international oil price has only fallen for a few days, and this effect is not great.
This person believes that the pricing mechanism of oil products is actually very "strategic", its purpose is to maintain the domestic oil prices stable, because the coverage of domestic gasoline and diesel is very wide, once the price fluctuations frequently affect the industry and agriculture are relatively large.
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