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    Home > Chemicals Industry > Petrochemical News > Rising again, crude oil broke through $82, and the highest single-day rise of local diesel rose to 340 yuan tons

    Rising again, crude oil broke through $82, and the highest single-day rise of local diesel rose to 340 yuan tons

    • Last Update: 2023-03-27
    • Source: Internet
    • Author: User
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    The developments in the international market as a whole this year are very impressive
    .
    After all, in the middle of last year, our entire world was severely affected by the new crown epidemic, although countries around the world have also proposed some relevant economic favorable policies to promote the development of industrial markets, as well as loose financial and monetary policies
    .
    However, many countries have not completely eliminated the follow-up impact of the epidemic, and there are still unreasonable situations in the development of the industrial market
    .

    This has also led to higher prices for commodities such as crude oil
    , that are now on top of the international market.
    Crude oil is actually a very important resource in our entire world, which can bring us a lot of energy
    for industrial development.
    In this year's
    development, crude oil changes in the entire international market can be described as very changeable.

    It's not just a price increase, it's big and frequent
    .
    In the previous time, in fact, the price of international crude oil has continued to rise, but on the occasion of the National Day holiday in October, international oil prices have also ushered in an increase again
    .

    First, go up again! Crude oil broke through $82

    In the development of this year, in fact, international oil prices have risen several times, but what shocks us is that the trend of rising international oil prices has not stopped at the beginning of the fourth quarter of this year
    .

    Just during our country's National Day holiday, the price of international crude oil has once again ushered in an increase
    .
    This situation also caught us off guard
    .
    According to the latest news in the market, on October 6 this year, international oil prices rose again
    .

    In this oil price increase, we can see that as of the early morning of October 6, Chinese and American crude oil has reached the level of $79, and the price of Brent crude oil has advanced to $82 per barrel
    .

    Such a data is actually the highest recorded in the development of the past few years, and it seems that since November 2014, the price of international crude oil has not been so high
    .
    So international oil prices are so high, will oil prices in our country rise?

    In response to this problem, the rise in oil prices in our country is actually an inevitable phenomenon
    .
    After all, the increase in international oil prices is relatively obvious, if our country's oil prices do not follow the increase, it is likely to cause a certain degree of inflation, so our country's
    related oil prices are bound to rise quickly.

    In fact, according to the news in the market, after the rise in international oil prices, the quotation of our country Shandong Georefinery has ushered in a continuous increase
    .
    It is reported that the highest daily increase in diesel in Shandong can reach 340 yuan per ton
    .

    Second, why oil prices continue to rise

    In fact, the rise in the price of international crude oil is not so strange in this year's development, and it seems that the industry has long been accustomed to such a situation
    .
    So why does the price of international crude oil continue to rise?

    In fact, the main reason is that the current oil production of the whole world has been gradually decreasing
    .
    Take the situation in our country to see this
    very well.
    Our country has always been one of the countries with relatively large crude oil consumption, but our country's
    crude oil production is indeed decreasing.

    According to the relevant statistics of our country, the production of oil related to our country in May this year fell by as much as 7.
    3 percentage points compared with the same period last year, which is very impressive
    .

    In addition, our country produced more than 85 million tons of oil in the first five months of this year, or 4.
    08 million barrels
    per day.
    Of course, the phenomenon of comprehensive reduction in crude oil production is not only happening in our country, but also in other oil-producing countries in the world
    .

    In this way, our whole world can supply much less crude oil to the market, so according to the influence of market supply and demand, the price of crude oil in the entire international market will naturally increase
    .

    Faced with such a situation, in fact, we can't help but have some doubts, there are actually many oil-producing countries
    in the world.
    For example, in parts of the Middle East, their oil production is very abundant, and the untapped oil resources are also very large, why don't they increase the response capacity to supply the market to balance oil prices?

    In fact, OPEC, the international oil exporting organization in our world, has long considered this problem
    .
    Although at today's crude oil prices, it is enough to bring enough profits to the big oil-producing countries, they can also increase their capacity
    at any time.

    However, some media sources in the market pointed out that OPEC believes that increasing production capacity to balance oil prices is not good for large oil-producing countries, and some of them infringe on their relevant interests
    .
    Therefore, the way to balance oil prices by increasing oil production was also vetoed by OPEC
    .

    Third, how to view the future trend of oil price changes

    In fact, as far as oil itself is concerned, it is indeed a non-renewable resource, and how much will be exploited will be less
    .
    Then in the future, the price of
    oil will inevitably continue to rise.
    However, from a short-term perspective, the supply of oil in the market does have a certain degree of change cycle, but this cycle is relatively long
    .

    Nowadays, the demand for oil in various countries in our world is still relatively large, which is actually because of the rapid development of the industry and the rapid recovery of production capacity after the epidemic
    .
    After such factors are gradually dissolved, the demand for crude oil in the industrial market of various countries has become less, and the supply of the international market can actually meet the corresponding demand
    .

    In this way, the future oil price trend will inevitably rebound to a certain extent, slowly showing cyclical stable changes
    .
    However, if we analyze from a long-term perspective, with the development and research of emerging energy industries in countries around the world, the development of various industries will use emerging energy to supply the development of the industry, not crude oil
    .

    From this point of view, it is presumably that the market demand for crude oil resources will gradually decrease in the future
    .
    In this way, according to the impact of supply and demand, the actual value of international crude oil in the market is bound to change
    .

    In general, the price of international crude oil will indeed rise with the decline of resource reserves in the future, but the demand for crude oil in various countries around the
    world will certainly continue to decrease.
    Therefore, it seems that oil prices will still achieve a corresponding balance
    in the future development.

    IV.
    Summary

    Oil resources are still an indispensable resource for our development at this stage, so we must look at the current international crude oil price increase more
    objectively.
    However, I believe that with the continuous development of our society and future market changes, the price of international crude oil will gradually recover to a stable stage
    .

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