The two giants cancel the price reduction in the capital of Beijing, only 0.1 yuan/liter from now on
On March 23, the reporter learned from PetroChina and Sinopec that the price cuts of many gas stations had ended on the 20th and the 21st respectively, while the price cuts of Shell gas stations will be reduced to 0.1 yuan/liter from today. This means that all over the country's petrol stations in the capital market are selling at a reduced price, and with the rise in international oil prices and the rise in the domestic wholesale price of refined oil products, they have come to an end. The two giants cancel the price cuts Yesterday's investigation found that the largest petrol station system in the capital Sinopec has cancelled all price reductions for its gas stations. The original price cuts of the 27 petrol stations located in Chaoyang, Haidian, Tongzhou, etc. by Sinopec were generally around RMB 0.3/l. On March 23, a spokesman for Sinopec Beijing Petroleum Branch, Liu Xin, was interviewed by reporters and confirmed that it had indeed cancelled the price reductions of its gas stations. The price was restored to No. 93 gasoline at 6.66 yuan/liter, and the cancellation time was on the 21st. And earlier on the 20th, the reporter learned from the oil in the capital's second largest gas station system that it had canceled price reductions for its gas stations. Shell follows suit Two giants action, Shell follow suit. The reporter learned yesterday that starting today, Shell has nearly 20 gas stations in Beijing. Except for one gas station, the price reductions for other sites have all weakened to 0.1 yuan/liter, that is, 93 petrol price is 6.56 yuan/liter. These gas stations all cut prices by 0.3 yuan - 0.4 yuan / liter. Shell still has a gas station No. 93 oil price from the original 6.16 yuan / liter, adjusted to 6.3 yuan / liter. According to relevant sources, there are many competitors around the gas station. As of yesterday, gas stations such as Total were still keeping their prices low. Market analysis wholesale price rose traders Informed sources told reporters that the cancellation of price cuts, the continuous high international oil prices and the upcoming spring oil season leading to the rise in domestic wholesale prices of refined oil products, making gas stations "can not afford to drop" is the root cause, and competitors competing to cancel preferential Making the market competitive environment change is also a stimulating factor. Yesterday, Huang Shunjing, an industry expert with a long-term focus on the refined oil wholesale market, was interviewed by reporters. Just yesterday, the wholesale price of gasoline and diesel in many parts of the country rose by 50-100 yuan/ton, and this trend has continued for more than a week. A red drift. As international oil prices continue to linger above US$80/barrel, and the domestic spring season for oil use is approaching, together with factors such as the suspension and maintenance of local refineries, it is widely expected that the price of domestic refined oil products will rise, and traders have to wait until prices rise. In the case of rising wholesale prices, the retail price naturally cannot continue to reduce prices. International oil prices will hit the red line On March 23, the international oil price benchmark, the main crude oil futures of the New York Mercantile Exchange, was quoted at around US$80 per barrel. As of 17:36, the offer was at US$80.05 per barrel. This price did not change much from the previous period, but due to time effects. So far, the Brent/Dubai/Xinta crude oil prices have been trading for more than 3.3% of the weighted average price for 22 working days in a row, not far from the price adjustment red line.
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