Xinhua ews gency : refined oil pricing mechanism of fuzzy l

Recently, lower international oil price fluctuations , fell to dollars a barrel, its lowest point since despite the rebound, but the overall situation was lower volatility .

Xinhua ews gency : refined oil pricing mechanism, " fuzzy "

" the periodic adjustment to sudden adjustments "

Recently, lower international oil price fluctuations , fell to dollars a barrel, its lowest point since despite the rebound, but the overall situation was lower volatility . International crude oil inventories rose sharply ; t the same time , domestic crude oil inventories also showed a higher trend of oil prices strong , rich atmosphere of the market waiting to see , purchase and sale of light .

nalysts believe that the trend in the domestic and international market downturn , refined oil pricing mechanism should be more market-oriented and transparent , to eliminate the wait , boost the market .

Refined oil pricing mechanism should be more market-oriented and transparent

ome gas station promotions

International oil prices rose in early ugust high of .. dollars a barrel , the domestic refined oil wholesale market purchases and sales enthusiasm . ince late ugust , the international oil prices, weaker domestic refined oil prices coupled with lower expected there sufficient resources to domestic supply of domestic oil sales in ugust , " tight " the market began to cool down the market into a plain weak tate.

Xinhua ews gency reporters iao hale and ie ao , now east, north , south hina , central hina and other markets on oil price movements generally bearish , traders still more to hold out mainly light atmosphere of the market buying and selling , no significant improvement in ship main body .

ata showed last week ( eptember rd week ), the wholesale price of domestic gasoline and diesel overall stable prices in some markets loose ; such as gasoline and diesel remained stable central market there was down , the whole deal a moderate , market transaction price stability in the # gasoline per ton of - yuan - yuan per ton of # gasoline , # diesel oil per ton - .

he third quarter is often the season for gasoline and diesel demand , the industry is known as " gold silver " argument. Record information that analysts iyu in huo , despite the recent tight domestic oil market resources , demand and gradually pick up , but the main unit of the domestic economic slowdown and capacity utilization will increase to a certain extent, inhibited the tension needs and resources ; the same time olatile international crude oil prices as the biggest negative factors , the market position of national authorities to adjust the refined oil pricing mechanism is to bring this year's price adjustment also were watching the third situation , this year's " ine Gold ilver " can achieve the desired tate remains to be seen .

G ao aming oil minister also believes that although the country currently do not have much pressure on oil stocks , but overall bearish environment under the influence of the domestic market will be difficult to reverse the recent trend of the market will fall in price, volume light he mainstream.

Xinhua ews gency reporter Le iedao , the domestic part of the promotional measures taken by stations . eijing market decline of private gas stations up to about . yuan per liter , hell and other foreign stations the rate of decline is about . yuan per liter . In the henzhen market , some private stations taken a number of promotions, such as fuel delivery moon cake , a fixed time every day have oil concessions refueling .

" reduce the rate of change rate of the three "

" ompared to last year , this year the state in the oil price adjustment of the timing operation is vague , the market anticipated lower oil prices, public opinion repeatedly frustrated . " Guangdong rovince, an oil trader said .

In the lower international oil prices and weak domestic market conditions , domestic refined oil prices are still strong , since the une adjusted domestic gasoline and diesel prices since the price is still not adjusted after a lapse of three months .

y the end of uly , a number of market institutions measured data, the three oil changes in the rate had reached - %, to adjust the price of oil "window" , but the R did not price adjustment , price adjustment position does not meet the standard . hong ian , chief analyst at rient il and Gas etwork said that since the tate evelopment and Reform ommission has not announced the "three to the rate of change , " the measure standards , the current oil price forecasting agencies only in accordance with the tate evelopment and Reform ommission ambiguity of the position to design monitoring programs, their Results may be the R data error , but the rate of change reflected in the three negative trend is consistent running .

xperts believe that the pricing mechanism transparent , market -based development is a long-term direction for the market to provide more independency operating room , to help market the long run ; oil price adjustment period shortened and the rate of change rate of the three , is an expert General recommendations.

hina etroleum niversity, ollege of usiness dministration rofessor ong Xiucheng , said in an interview , the market of refined oil pricing mechanism reform of the long time , the Government should provide the public with a more transparent pricing mechanism , changes in the international market more flexible ransfer to the domestic market , the market is conducive to business and make timely judgments .

Xiamen niversity, hina nergy Research enter , said Lin oqiang , to oil prices move to the market , pricing mechanisms must be more transparent . arket speculation is inevitable , even in non-transparent pricing mechanism , the speculation is there.

ao aming believes that to achieve the domestic market and international market for long-term goal, more transparent pricing mechanism , market ; in the pricing mechanism, the smaller the price rises , the greater the correlation , the greater the degree of integration igh .

e suggested that the periodic adjustments to unexpected adjustments and the adjustment to narrow the critical , when international oil prices reach a certain increase or decrease a certain time , such as % or % of the adjustment of domestic prices , so people will be predictable Reduced , also reduce the flow of business from the middle of " hoarding oil, " the opportunity to also allow domestic oil prices and international oil prices closer to the ultimate aim of full integration with the international market .( riental orning ost )

he weakening oil market transparency in the pricing mechanism called

Recently , the international oil price shocks lower crude oil inventories rose sharply ; t the same time , domestic crude oil inventories also showed a higher trend of oil prices strong , rich atmosphere of the market waiting to see , purchase and sale of light .

Lower stock prices high

Last month, the highest point of the international crude oil prices from .. dollars a barrel , fell to dollars a barrel, its lowest point since despite the rebound, but the overall situation was lower volatility . eptember , the ew ork ercantile xchange, light crude oil for delivery in ctober futures fell cents to close at . .. dollars a barrel . London, ctober rent crude fell cents to close at . .. dollars a barrel .

hile continuing to higher international crude oil inventories . merican etroleum Institute data showed , as of ugust the week , .. crude oil stocks growth stocks, including growth of . million barrels in crude stocks , gasoline stocks fell . million barrels ; reduction of million barrels of crude oil imports .

he domestic oil market was also found the same trend . ata show that domestic commercial crude oil inventories at the end of to . million tons , , tons more than to increase the end ; refined oil inventories (including gasoline , diesel and kerosene ) to . million tons , .% less than at the end , of which diesel fuel inventories , decreased .% to . million tons , gasoline inventories , decreased .% to . million tons , while kerosene inventories , decreased .% to . million tons .

arket analysts believe that increased domestic oil production , while refineries into the maintenance phase , producing less , resulting in increased domestic crude oil inventories . ccording to the ureau of tatistics , uly crude oil production chain to increase .% , to . million tons , while crude oil processing volume of the chain to reduce from , to ,, tons .

il inventories declined in uly due to a decrease in net imports of refined oil increased demand , offset a small increase in production . ata show that in uly the chain of domestic diesel production increase of % to . million tons , kerosene production increased % to . million tons , while gas production fell % to . million tons ; while domestic crude oil net imports in uly fell sharply .% o . million tons , net imports of refined oil dropped % to the chain thousand tons

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Xinhua ews gency : refined oil pricing mechanism of fuzzy l