The most popular person in charge of the national

2022-07-31
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The head of the national development and Reform Commission responded to a friend's query on the "rise in oil prices and fall in oil prices" and other questions. The head of the national development and Reform Commission responded to a friend's query on the adjustment of oil prices. Beijing, October 8 (jiangguocheng) - the national development and Reform Commission decided to slightly reduce the prices of gasoline and diesel on the 8th. Since the implementation of the product oil price and tax reform program at the end of 2008, China's domestic product oil price has been adjusted for a total of 16 times, including 10 times of automatic temperature control, automatic timing and automatic alarm of the low-temperature tank, 6 times of price increase and price reduction, and the overall oil price level has increased

in the past three years, when the international oil price has been sharply adjusted between us $35 and US $126 per barrel, some friends always think that the domestic oil price has "increased more and decreased less" and "increased faster and decreased slower". Is this view true? He interviewed caochangqing, director of the price department of the development and Reform Commission

the international oil price "rose more and fell less"

since the domestic product oil price was adjusted on April 7 this year, the oil price in the international market has generally shown a high and volatile trend

from mid to late April to early May, oil prices in the international market continued to fluctuate upward. The futures prices of West Texas Intermediate crude oil (WTI) in the United States and Brent light crude oil in the North Sea in the United Kingdom once rose to the highs of more than $110 and $120 per barrel; The average price of the three crude oils referred to in the domestic product oil price adjustment reached about 120 US dollars per barrel, which far exceeded the 4% price adjustment boundary condition stipulated in the product oil price mechanism that can take some remedial measures. However, considering the affordability of downstream industries and the pressure of rising general price level, the price of domestic refined oil has not increased correspondingly with the rise of crude oil price in the international market. Relevant enterprises follow the interest adjustment mechanism of upstream supplementing downstream, and the factors of crude oil price rise are digested within the enterprise

since the first ten days of May, the oil price in the international market has hovered at a high level. Affected by the slowdown of economic recovery in Europe and the United States, the oil price in the international market once fell significantly. After that, the futures prices of WTI and Brent crude oil remained between $90-110 and $105-120 per barrel; The prices of the three crude oils are calculated on the basis of 22 working days. Although they have decreased, they still remain between 110-115 dollars per barrel, and do not meet the boundary conditions for price reduction

since the beginning of August, oil prices in the international market have fluctuated downward. As the growing debt crisis in the United States and Europe has hit investor confidence, and the market is worried about the double bottom of the European and American economies, the oil price in the international market has dropped sharply, especially since late September. On October 4, the prices of WTI and Brent crude oil fell to $75.7 and $99.8 per barrel respectively

he said that if only from the price comparison at the time point, the oil price in the international market fell back from the previous high of $120 per barrel to the current level, and the decline was indeed more than 4%. However, from the moving average price for 22 consecutive working days, there is a gradual decline process, and the price adjustment boundary condition of 4% has only been reached recently. Therefore, the state decided to appropriately reduce the price of domestic refined oil

In the early morning of October 9, a staff member of a gas station in Shanghai was adjusting the price list

the domestic oil price does not have such problems as "rising fast and falling slowly". Caochangqing said that during the price adjustment of refined oil, whenever the domestic oil price needs to be increased, the state not only controls the price adjustment range appropriately, but also often postpones the price adjustment time because of the impact on downstream industries and inflation pressure; Whenever the oil price in the international market falls sharply, the state will timely reduce the price of domestic refined oil according to the corresponding decline between the international market oil price at that time and the level at the time of the last price adjustment. Therefore, judging from the operation time of price adjustment, there is no problem of "rising fast and falling slowly"

he said that the main reason why consumers misunderstand is that the price formation mechanism of refined oil and the operation method of price adjustment are relatively complex. The pricing period is 22 working days' moving average price. Although it smoothes the peaks and troughs of oil price changes, it will objectively lead to unsynchronized price changes at home and abroad. "At present, we are summarizing and evaluating the current product oil price mechanism, and will focus on studying and improving these issues when we improve the price mechanism in the next step."

in response to the query of "rising more and falling less", he said that since 2009, the oil price in the international market has generally shown a trend of fluctuating and rising. The prices of West Texas crude oil in the United States and North Sea Brent crude oil in the United Kingdom have risen from about $35 and $40 a barrel at the beginning of 2009 to about $80 and $100 at present, and reached about $114 and $126 respectively in April this year, An increase of more than 200%

"from the perspective of the domestic market, in order to slow down the impact of the rise in international oil prices on the domestic market, the state has made appropriate adjustments and controls on the price of refined oil, taking into account the domestic economic situation, the affordability of all sectors of society and other factors. The price of domestic refined oil should be increased by more than 70% according to the mechanism, but it has only increased by about 50%." He said

according to the current pricing mechanism, the adjustment of domestic oil price is mainly based on the changes of relevant crude oil prices in the international market over a period of time. When the price of a certain crude oil in the international market changes greatly on a certain day or several days, the price of domestic product oil may not be adjusted. Only when the moving average price of relevant oil in the international market changes by more than 4% for 22 consecutive working days, the country will adjust the price of domestic product oil accordingly. This is mainly to avoid frequent adjustment of domestic oil price due to the sharp fluctuation of oil price in the international market

in the early morning of October 9, employees of a gas station in Yubei District of Chongqing were changing the price plate

Cao Changqing said that since the beginning of this year, the oil price in the international market has risen sharply. The state has strengthened the regulation and control of the price of domestic refined oil, taking into account the domestic economic situation, the affordability of all sectors of society and other factors. The oil refining enterprises have been in a state of loss

in this regard, the state has taken a series of measures, especially requiring oil enterprises to give full play to the role of the upstream and downstream interest adjustment mechanism within the enterprise, balance the interests of all links, and ensure the basic stable supply of the refined oil market

he said that recently, the oil price in the international market has dropped, and the production cost of oil refining enterprises has decreased in some composite polyurethane adhesive products. However, after the price of domestic refined oil has been lowered, it is difficult to reverse the loss situation of oil refining enterprises

after the price adjustment, the relevant departments have clearly required PetroChina, Sinopec and CNOOC to continue to play the role of the benefit adjustment mechanism of combining the upstream and downstream benefits of the enterprise to achieve low cost utilization and intelligent monitoring and early warning, so as to alleviate the difficulties of oil refining enterprises, do a good job in the connection between the production and distribution of refined oil, optimize the product structure and ensure market supply; Strengthen comprehensive coordination and emergency dispatching, especially to ensure the demand for oil for agricultural autumn harvest and seeds

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