On the 29th local time, the United States planned to release 40 million barrels of strategic petroleum reserves through a "swap" arrangement, which to some extent eased market concerns about supply. Combined with factors such as the gradual recovery of crude oil flows from the Middle East, international oil prices fell significantly that day.
As of the close, the November-delivery light crude futures on the New York Mercantile Exchange settled at $89.38 per barrel, down 3.48%, while the November-delivery London Brent crude futures settled at $102.59 per barrel, down 2.56%.
According to separate reports, under the domestic refined oil pricing rules, a new round of oil price adjustment will take effect at 24:00 on October 15. This statistical cycle began on September 28, and domestic oil prices were initially estimated to see a reduction of more than 0.1 yuan per liter. As of September 30 (yesterday), the third working day of this oil price statistical cycle, institutional forecasts indicated that the downward adjustment for gasoline and diesel had widened to 150 yuan per ton for gasoline and 145 yuan per ton for diesel.
Converted to retail prices, No. 92 gasoline is expected to drop by 0.12 yuan per liter, No. 95 gasoline is expected to drop by 0.13 yuan per liter, and No. 0 diesel is expected to drop by 0.12 yuan per liter. (Friendly reminder: These are currently only periodic forecast data, and the final adjustment result shall be subject to the notice issued by the National Development and Reform Commission on October 15.)
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