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International oil prices fell to adjust domestic oil prices and fear of both mechanisms fail - Inter

By: betty

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Elusive international oil prices once again to the domestic market opened a little joke. As international oil prices recently plunged to 75 dollars less, the beginning of the media predicted the end of the domestic oil price rise matter becomes foreseeable future. Not only that, late last year, Fang Jian, said earlier this year to adjust the scene of the pricing mechanism may come to nothing. Authority of the oil expert told this reporter yesterday, the domestic pricing mechanism on the understanding of some mistake, even if domestic oil prices appear next 7 or 10 Sky Sky tone tone need not be surprised, because that mechanism does not change.

As of 11:30 yesterday, the New York Mercantile Exchange crude oil futures contract in March reported a barrel 74.48 yuan, compared with January 22 fell 0.06 U.S. dollars. This price is close to the last round of price adjustment when the light of international oil prices, means that domestic oil price adjustment as a necessary condition for the "International oil prices for 22 consecutive working days moving average price changes of more than 4%" is probably not met, price adjustment also will be deferred once again.

On earlier this month, interest rates have been calculated, said Wang of energy, as long as the latter part of the three crude oil prices to stabilize the 77.4 average daily dollar / barrel at the top, the three crude oil average price of 22 working days later this month, the rate of change will be positive over 4%, means that the state will or will raise the retail price of refined oil. Media to predict the end would definitely raise domestic oil prices.

"So-called '22 days of adjusting period 'itself is a great social misunderstanding." Petroleum University of China School of Business Administration Dong Xiucheng oil experts told Shanghai Securities News interview that "oil prices Regulations "China does not require 22 working days must be price adjustment," 22 days "is a measurement condition, the cycle is changing every day," In other words, tomorrow measured on 22 working days including today, The day after, including tomorrow. "

Enacted last year, "oil price control measures" under Article VI, when the international market of crude oil for 22 consecutive working days moving average price changes of more than 4%, can adjust domestic oil prices.

In his view, the reason for Development and Reform Commission last year, each round of price adjustment are separated by more than a month of basic principal is to facilitate, and does not necessarily mean price adjustment range is "22 working days."

"Even if the Development and Reform Commission will then have to reduce the 'price adjustment interval cycle', does not mean changing the oil pricing mechanism, because the price adjustment interval and measurement interval are not the same." Dong Xiucheng believe, "" approach " The measured interval is 22 working days. The theory, derived from the price adjustment range is very difficult, because any time they meet for 22 consecutive working days moving average price changes of more than 4%, domestic prices can be adjusted " .

He said, even if domestic oil prices appear next 7 or 10 Sky Sky tone tone need not be surprised, because this does not mean that the pricing mechanism of change.

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