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The Pricing Mechanism Makes Sinopec Call The Domestic Oil Price Up Or Down.

2011/8/16 8:32:00 23

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Domestic Oil Price Rising And Slowing Down Pricing Mechanism

international

oil price

The collapse of domestic oil prices has not yet met the requirements.

Yesterday, Sinopec held a symposium with social supervisors to discuss hot issues such as oil prices.

For the public perception of the problem of "fast rising and slow down" of oil prices, Sinopec said that this is mainly a matter of pricing mechanism.

Yesterday, 7 Sinopec social supervisors participated in the symposium.

Sinopec

Researchers have explained the current international oil market and the pricing mechanism currently perceived by the public.

As a social supervisor, Han Xiaoping, chief information officer of China energy network, puts forward why the public always feels that domestic oil prices are rising rapidly and slowing down.

Sinopec responded by saying that this is mainly

Price

The problem of mechanism.

Recently, oil prices in New York have fallen sharply, but the international three crude oil rate of change leading to domestic oil price adjustment has been at a high level and has not met the -4% requirement, that is, it has not met the requirements of the domestic oil price reduction.

Reporters yesterday learned from a number of domestic commodity information organizations, the current three crude oil rate of change is close to 0, if international oil prices continue to decline, it is expected that in August 25th, domestic oil prices may usher in a downward window.

It is not obvious why the rate of change of crude oil in three places is not obvious. An analyst at Treasure Island told reporters that the three point crude oil variable rate is the average change rate of 22 days. The impact of international oil prices for only a few days is not great.

This person believes that the pricing mechanism of oil products is actually very "strategic", the purpose is to maintain the stability of domestic oil prices, because

domestic

The coverage of gasoline and diesel is very wide. Once the price fluctuates frequently, the impact on industry and agriculture is relatively large.