International Oil Prices Picked Up &Nbsp; Petrochina And Sinopec Were Sold Off Oil.

Soon after the domestic oil price cut, many petrol stations began to develop diesel oil. Restriction on sale Phenomenon, recently, a private gas station owner told reporters that PetroChina and Sinopec two giants control shipment, resulting in many private gas stations cut off oil. In addition, international oil prices have risen sharply in recent weeks. Insiders believe that profits are narrowed and potential oil prices rise. Expect It is the motive of the two giants to sell.

As of press release, the Beihai Brent crude futures contract for delivery in December reached a high level of $110.64 / barrel in the session, up 6.23% from the closing price of 104.15 dollars / barrel on the 7 day. Compared with the end of last month, Singapore's 95# gasoline FO B price rose by about $8 per barrel, while Singapore's 0.05% sulfur containing diesel rose by about 6 US dollars per barrel, according to the data provided by the bulk product e-commerce platform. The drop in domestic revenue has led to a sharp decline in the import revenue of the two major groups in recent years.

"After 8 days of lowering oil prices, PetroChina Sinopec stopped supplying oil. We can only supply some expensive oil from the oil traders (middlemen) to ensure supply. The import price of No. 0 diesel is over 8800 yuan / ton. A private gas station owner in Hebei told reporters.

This phenomenon is not isolated. According to media reports, since the 8 day of lowering oil prices, Jiangsu, Zhejiang, Shandong, Anhui and many other gas stations have restricted the purchase of diesel oil or oil free phenomenon. On the one hand, domestic oil prices are down. On the other hand, international oil prices have rebounded strongly in the latest week. trend Many industry organizations point out that the two giants are reluctant to sell because of narrowing profits and rising oil prices.

Li Yadan, an analyst at Treasure Island, told reporters that there is a lot of oil cut off in many places, not just private gas stations. "Yesterday we counted a data and found that the companies were limited and stopped, and the resources on the market were very limited."

Li Yadan pointed out that the main reason for the failure of private gas stations is the unreasonable price. "Because wholesale resources are tight, wholesale prices are relatively high at present, but retail prices have been lowered with the reduction of oil prices. Upside down The phenomenon. In addition, the sales policies of the two major companies are to some extent control of resources, and some measures to stop or control volume may lead to oil shortage in the market.

Many private oil companies have pointed out to reporters that with the rising international oil prices, there is a potential upward expectation in the market. This is also the motive for the two giants to store up goods. "Now the pricing mechanism can not keep up with the changes in international oil prices. The driving force of domestic monopolies has created" oil shortage "to a certain extent. Private oil companies, who declined to be named, pointed out to reporters.

For the current pricing mechanism lagging behind the changing trend of international oil prices, industry experts believe that more sensitive to international oil prices is the main direction of reform.

Lin Boqiang, director of the China Energy Economics Research Center of Xiamen University, said in an interview with reporters that shortening the price adjustment cycle and narrowing the fluctuation range are feasible paths. "The current pricing mechanism for refined oil products is that the price of domestic refined oil can be adjusted within three working days when the weighted average price of three oil products exceeds 4%. This makes the oil price adjustment lag behind. The result of adjustment is often inconsistent with the trend of oil price at home and abroad. Therefore, shortening the price adjustment cycle and narrowing the fluctuation range is a measure to improve the sensitivity of the pricing mechanism.

As for the argument that the pricing power has been widely delegated to enterprises, a number of experts interviewed by reporters say that the possibility is less.

Dong Xiucheng, vice president of the school of Business Administration of China University of Petroleum, told reporters that the trend of changing the price of finished products should be to transfer the pricing power to the market, but the reality is impossible. Therefore, the so-called decentralization of pricing power is not possible. "Next reform should also be a logic of state leading, international integration and market orientation." Government led is that prices are still determined by the government. International orientation is linked to the international market. Market orientation still needs to be closer to the market, and ultimately the long-term goal is complete marketization.

Lin Boqiang believes that the NDRC is unlikely to issue price fixing power. "The possibility of reform is that the NDRC will work out a maximum price according to the change of crude oil prices, and then, according to the pricing mechanism, a firm will determine a specific execution price when the price is adjusted."

In Lin Boqiang's view, the development and Reform Commission may eventually be pricing, but only by issuing specific prices by enterprises.