Today is the 10th working day of the new round of oil price adjustment. At present, the oil price is expected to be reduced by 30 yuan/ton, which is 10 yuan/ton lower than the expected decline of yesterday, below the red line of the reduction, and the oil price is stranded.

It's basically settled. Oil prices are stranded tonight

This round of adjustment cycle is coming to an end, and the oil price will be adjusted at 24:00 tonight. Although the expected decline of the first working day is as high as 320 yuan/ton, it has dropped again and again. Today, it has dropped to 30 yuan/ton, a total decrease of 290 yuan/ton, and the product oil "has fallen sharply and become stranded".

However, although oil prices cannot fall, it is impossible to rise. In the previous few working days, the decline is expected to decrease by a large amount every day. At that time, I was still worried that the oil price would "turn from decline to rise". Fortunately, the international oil price fell in the past two days, and the decline of refined oil became smaller. If you want to turn up, it is expected that today's decline will be reduced by 80 yuan/ton, but this cannot be achieved. Therefore, the oil price may be stranded tonight.

In terms of international oil prices, the two oil prices fluctuated greatly in the past two days, showing a "N" trend, in which US crude oil recovered most of the lost land in the US market, and finally closed down 0.41% to 78.47 US dollars/barrel, while Brent crude oil closed down 0.11% to 85.16 US dollars/barrel. Today, the international oil prices rose temporarily, and it seems that there is little hope of a decline.

At present, the previously released EIA crude oil inventory data has soared and the US dollar has strengthened. The US Congressional Budget Office (CBO) said that if Congress does not take action, the US will fall into the debt ceiling crisis in the summer, which is negative for oil prices.

However, retail sales in the United States in January recorded the largest increase in nearly two years. Thanks to the stronger than expected retail sales data, U.S. stocks closed higher. The IEA raised its forecast for the growth of global oil demand, saying that the supply of crude oil was in short supply in the second half of the year, and Russia announced some gains in the war in Eastern Ukraine. The geopolitical situation remained uncertain and the decline of international oil prices was limited.

In general, in the short term, the international oil price may fluctuate, and the change will not be large, so the probability of the product oil returning to the downward trend tonight is still very small. You can refuel at any time. Anyway, the oil price will not fall, nor will it rise.

Let's continue to pay attention to how the final oil price will be adjusted~

This round of oil price adjustment time: 24:00 tonight