The oil price of finished products hit the biggest drop in four years, and the travel cost of consumers was greatly reduced.

  People’s Daily Online, Beijing, November 16 (Reporter Yu Lu) According to the principle of "one adjustment in ten working days", a new round of refined oil price adjustment window will open at 24 o’clock today (16th). The National Development and Reform Commission has just issued a notice, according to the recent changes in oil prices in the international market and the current formation mechanism of refined oil prices, starting from 24: 00 on November 16, 2018, the domestic gasoline and diesel prices (standard products, the same below) will be reduced in 510 yuan and 490 yuan respectively.

  After adjustment, the maximum retail prices of gasoline and diesel in provinces (autonomous regions and municipalities) and central cities are shown in the attached table. Relevant price linkage and subsidy policies shall be implemented in accordance with existing regulations.

  Zhuo Chuang Information believes that since this cycle, European and American crude oil futures prices have shown a downward trend for 12 consecutive working days. U.S. crude oil fell to a minimum of $55/barrel, and the increase in this year has been completely smoothed out. The change rate of crude oil in this cycle is deeply negative, so the retail price limit of domestic refined oil products will be lowered again this round, and at the same time, the biggest decline in the past four years will be refreshed.

  Zhuo Chuang Information estimates that after this round of price adjustment, a family car with a fuel tank capacity of 50L will save 20 yuan if it is filled with a tank of oil, and the travel cost of the majority of car owners will be greatly reduced. Take a small private car that runs 2000 kilometers a month and consumes 8L fuel per 100 kilometers as an example. By the time the next price adjustment window is opened, that is, before 24: 00 on November 30th, consumers will spend about 32 yuan less on fuel consumption. In the logistics industry, the fuel cost of a single vehicle will be reduced by about 800 yuan in the next half month, based on the Steyr heavy truck which runs 10,000 kilometers per month and consumes 38L fuel per 100 kilometers.

  "After successive heavy losses, the current oil market is close to bottoming out, and it is unlikely that it will continue to fall sharply. It is expected that the international oil price may show a narrow fluctuation trend in the next cycle. As the initial crude oil change rate in the next cycle may still be within a negative value, it is estimated that the domestic retail price limit of refined oil products is expected to usher in the first ‘ Three consecutive losses ’ 。” Dai Tiandong, a refined oil analyst at Zhuo Chuang Information, said.

  Li Yang, an analyst of Jinlianchuang refined oil products, said that the "two-day losing streak" in the retail price of gasoline and diesel in China was realized as scheduled, and it was the largest after the retail price was lowered on December 27th, 2014. During this cycle, the news has obviously exerted negative pressure on the domestic refined oil market, and the market is gloomy, and the downstream users have few operations in entering the market. In addition, the recent special rectification of the refined oil market in Shandong Province has blocked the shipment of refined oil in Shandong Province, and the inventory pressure of gasoline and diesel oil has increased significantly. Domestic main sales pressure is also generally large, gasoline and diesel prices frequently fall, at the same time, it also keeps lowering the price of foreign mining to ease its own cost pressure.

  According to Jin Lianchuang’s statistics, up to now, the retail price of gasoline and diesel in China has gone through 13 upward adjustments, 9 downward adjustments (including the downward adjustment due to the reduction of value-added tax) and 1 stranding. The accumulated gasoline and diesel have increased by 545 and 530 yuan/ton respectively, equivalent to the price increase of about 92#0.42 yuan and 0#0.45 yuan.

  From 24: 00 on November 2, 2018, the domestic gasoline and diesel prices decreased by 375 yuan and 365 yuan per ton respectively.

  At 24: 00 on October 19, 2018, domestic gasoline and diesel prices increased by 165 yuan per ton and 160 yuan respectively.

  At 24: 00 on September 30, 2018, domestic gasoline and diesel prices increased in 240 yuan and 230 yuan respectively per ton.

  At 24: 00 on September 17, 2018, domestic gasoline and diesel prices increased by 145 yuan per ton.

  At 24: 00 on September 3, 2018, domestic gasoline and diesel prices increased by 180 yuan and 170 yuan per ton.

  At 24: 00 on August 20, 2018, domestic gasoline and diesel prices decreased by 50 yuan per ton.

  At 24: 00 on August 6, 2018, domestic gasoline and diesel prices increased by 70 yuan per ton.

  At 24: 00 on July 23, 2018, domestic gasoline and diesel prices decreased by 125 yuan and 120 yuan respectively per ton.

  At 24: 00 on July 9, 2018, domestic gasoline and diesel prices increased in 270 yuan and 260 yuan respectively per ton.

  At 24: 00 on June 25, 2018, domestic gasoline and diesel prices decreased by 55 yuan per ton.

  At 24: 00 on June 8, 2018, domestic gasoline and diesel prices decreased by 130 yuan and 125 yuan per ton respectively.

  At 24: 00 on May 25, 2018, domestic gasoline and diesel prices increased in 260 yuan and 250 yuan respectively per ton.

  At 24: 00 on May 11, 2018, domestic gasoline and diesel prices increased by 170 yuan and 165 yuan per ton respectively.

  At 24: 00 on April 30, 2018, domestic gasoline and diesel prices decreased in 75 yuan and 65 yuan respectively per ton.

  At 24: 00 on April 26, 2018, domestic gasoline and diesel prices increased by 255 yuan and 245 yuan per ton respectively.

  At 24: 00 on April 12, 2018, domestic gasoline and diesel prices increased in 55 yuan and 50 yuan respectively per ton.

  At 24: 00 on March 28, 2018, domestic gasoline and diesel prices increased by 170 yuan and 165 yuan per ton respectively.

  At 24: 00 on March 14, 2018, the price of gasoline and diesel will not be adjusted.

  At 24 o’clock on February 28, 2018, the domestic gasoline and diesel prices decreased by 190 yuan and 185 yuan per ton respectively.

  At 24: 00 on February 9, 2018, domestic gasoline and diesel prices decreased in 170 yuan and 160 yuan respectively per ton.

  At 24: 00 on January 26, 2018, domestic gasoline and diesel prices increased in 65 yuan and 60 yuan respectively per ton.

  At 24: 00 on January 12, 2018, domestic gasoline and diesel prices increased by 180 yuan and 175 yuan per ton respectively.