The latest news on oil price cuts in 2022: When will they fall? Attached with the latest market information!
| In recent years, due to the impact of the new crown pneumonia epidemic, the decline in crude oil demand has led to intensified oil price fluctuations. During this period, domestic oil prices have attracted much attention. So, when will the latest news on oil price cuts in 2022 come down? Attached with the latest market information! 1. The latest news on oil price reduction in 2022: When will it fall? According to the rule that oil prices are adjusted every 10 working days, the first major price reduction this year may occur at 24:00 Beijing time on April 15 (this Friday). As of April 12, the seventh of the 10 domestic pricing working days has been counted. The current crude oil change rate is -14.14%, and it is expected to drop by more than 600 yuan/ton, equivalent to 0.46-0.5 yuan/liter. Based on the calculation of 50 liters per tank of oil, you can save about 22-24.5 yuan when filling up. Note: Based on the international crude oil prices, the National Development and Reform Commission adjusts my country's refined oil prices. If there is any error, please refer to the national notification. 2. The latest oil price trends in 2022 : Currently, the average price of No. 92 gasoline is around 8.7 yuan, and the average price of No. 95 gasoline is around 9.3 yuan. Appendix: Maximum retail prices of gasoline and diesel in each province, autonomous region, municipality and central city (Source: National Development and Reform Commission website) 3. What are the factors that affect oil prices? Factor 1: Crude oil demand and supply The demand for crude oil is mainly determined by the level of world economic development and changes in economic structure, the development of alternative energy sources and the application of energy-saving technologies. 1. Global oil consumption is clearly positively correlated with global economic growth rate. Global economic growth or growth beyond expectations will lead to an increase in international crude oil market prices. On the other hand, abnormally high oil prices are bound to hinder the development of the world economy, and the slowdown in global economic growth will affect the increase in oil demand. 2. The cost of alternative energy will determine the upper limit of oil prices. When the price of oil is higher than the cost of alternative energy sources, consumers will tend to use alternative energy sources. Energy conservation will ease the contradiction between supply and demand in the world oil market. At present, all countries are vigorously developing renewable energy and energy-saving technologies, which is bound to have an impact on the long-term trend of oil prices. Currently, the data on crude oil demand mainly depends on the oil demand of large industrial countries such as the United States, such as the monthly industrial output rate and manufacturing PMI value. The factors affecting supply mainly include world oil reserves, oil supply structure and oil production costs. 1. Oil supply must be based on oil reserves. Over the past few decades, the world's proven oil reserves have continued to increase. However, due to the non-renewable nature of oil resources, the International Energy Agency predicts that world oil production will peak before 2015, and global oil supply will gradually enter a decline phase. 2. The supply characteristics of the world oil market also have a significant impact on oil supply. Currently, the suppliers of the world oil market mainly include the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries. OPEC owns the vast majority of the world's proven oil reserves, and its production and pricing policies have a significant impact on world oil supply and prices. Non-OPEC countries mainly exist as price takers, adjusting production according to prices. 3. The cost of oil production will also have an impact on oil supply. As a non-renewable energy source, the production cost of oil will affect the producers' production allocation decisions across time, which in turn affects the market supply and indirectly causes oil price fluctuations. At present, the impact on supply is mainly quantified through data such as the U.S. EIA crude oil inventory, API crude oil inventory and the production of some large international oil exporting countries. Factor 2: US dollar exchange rate. Crude oil prices have always been closely linked to the US dollar. Its delivery and pricing are all settled in US dollars, so the US dollar index will also have an impact on crude oil prices. There is a certain inverse correlation between changes in oil prices and changes in the US dollar index. For example, if the U.S. dollar continues to depreciate, the actual income from oil products priced in U.S. dollars will decline, causing the Organization of Petroleum Exporting Countries to need to respond by raising crude oil prices to maintain its relative stability. Similarly, if the US dollar appreciates, oil prices will fall. Factor three: Geopolitical conflict Among the factors that affect oil prices, geopolitics is one of the important factors that cannot be ignored. In geopolitics, revolutions or instability at home or abroad in the world's major oil-producing countries, wars in the Middle East, and terrorist riots around the world will all have a significant impact on oil prices. From the above, we can see that the oil price reduction in 2022 will take place on April 15, and domestic oil prices will usher in the seventh adjustment this year. |
<<: A complete guide to getting started and advanced levels in event operation and promotion!
>>: Which keywords are considered the key points in bidding promotion?
Recommend
Vanilla Sister "14 Practical Ways to Control Women" Male Sexual Skills Collection
Introduction to the training course content: Many ...
Baidu bidding promotion, why are the keywords I added not suitable for promotion?
When adding keywords under the Baidu bidding prom...
Excellent material cases in various information flow industries: costs reduced by 300%, CTR soared to 7%!
What kind of creative has a high click-through ra...
Attracting new users: 4 tips to increase the sharing rate of old users bringing in new users
How to increase the frequency of referral sharing...
Getting Started Guide to Short Video Promotion!
From the traditional "two Weibo" to tod...
Community operation: community hierarchical management and operation model! (With gameplay)
In 2019, the concept that everyone talked about t...
Tik Tok traffic rules, playback volume from 1 to 10 million!
The reason why Tik Tok is so popular is definitel...
How to build a user operation system: a detailed analysis using Keep as an example
As a leader in online fitness course apps, Keep h...
Git builds a distributed version controller tutorial
Git builds a distributed version controller tutor...
One article to completely improve the conversion rate of landing pages!
The article is very long and you may not be able ...
How to build your own AARRR operating model?
Every time I talk with my peers about operations ...
Is it expensive to develop a Suining mechanical equipment mini program? Suining Mechanical Equipment Mini Program Customization Cost
Is it expensive to develop a Suining mechanical e...
Apple adjusts the rules for uploading screenshots to the App Store, causing confusion again regarding screenshot dimensions and sizes!
Since Apple sent an email to developers in mid-Au...
How can medical beauty apps become internet celebrities with the help of Click-In DSP?
The health and medical beauty industry, which has...
It’s the end of the year, and we need to compete with event creativity again? Here is a thinking tool for you
At the end of the year, Christmas , New Year'...