Domestic oil price four consecutive five-93rd gasoline age
National development and Reform Commission announced today that August 5 0 o'clock cut domestic prices of gasoline and diesel, gasoline by 220 Yuan per ton and diesel down 215 Yuan per ton. National average equivalent to 90th gasoline down 0.16 yuan per liter, No. 0 diesel down 0.18 yuan per liter, 92nd gasoline each lift of 0.17 Yuan, 95th gasoline lift 0.18 yuan each.
Following the cut in retail prices, in addition to a standard v 92nd gasoline retail prices are still more than 6 Yuan/liter in most other State IV petrol standard, 93rd, go back to the age of 5 Yuan/liter of gasoline.
Reporter: 50 l tank cars, fill up the tank, less spend about 9 bucks! The cut was the seventh cut this year. Gasoline and diesel prices in China have gone through 14 rounds this year price cycle, which cut 7 times, 5 times, 3 times "ran aground."
The drop in oil prices also stems from the rapid decline in oil prices in the international market, recent trading day, United States WTI September crude oil futures fell $ 1.95, or 4.14%, at $ 45.17 dollars per barrel, refreshing four-month closing low. Brent September crude oil futures fell $ 2.69, or 5.15%, at $ 49.52 a barrel. Just this past July, collector of international oil prices to slump, New York crude oil futures prices fell in the month of 20.8%, the largest one-month decline for the year, while London Brent crude oil futures prices fell in the month of 17.9%.
Researcher at the Chinese Academy of social sciences said in an interview with CCTV for financial-producing: If oil prices rose to above US $ 60 will fall if oil prices fall to $ 30 will rise, so I think that in the medium term or short term, oil prices still hovered between 50 and 60 dollars.
United States energy information administration predicted oil prices drop 5 to 10 US dollars per barrel
United States energy information administration were of the view that current high global crude oil reserves, the economic recovery remains uncertain, and that global oil production may rise further, oil prices are likely to fall to 30 dollars a barrel.
United States energy information Administration Director yadang·ximingsiji said: one of the effects of recent oil price thing, is the Iran issue after disarmament, will increase the supply of oil in the global market, taking into account the Iran oil production and their market share, forecast the impact on oil prices probably fell by between 5 and 10 dollars per barrel.