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SunSirs: The Prices of Gasoline and Diesel in China Shandong Refinery Fell on November 3
November 04 2021 14:43:58SunSirs(Selena)

On November 3, the price trend of gasoline and diesel in Shandong fell, and the price of domestic 92# gasoline was 8,292 RMB/ ton; The price of domestic 0# diesel is 7,862 RMB/ ton. The refinery unit operates stably and the delivery of goods is normal. The price trend of diesel oil in Shandong is declining. Recently, the on-site supply is normal and the gasoline price is gradually falling. The transaction price of national VI standard vehicle 92# gasoline is 8,150-8,350 RMB/ ton; The transaction price of national VI standard vehicle 95# gasoline is 8,250-8,450 RMB/ ton; The transaction price of national VI standard vehicle 0# diesel is 7,800-8,000 RMB/ ton. The closing price of US WTI crude oil futures remained high. The settlement price of the main contract of US WTI crude oil futures was $83.91/ barrel and the settlement price of the main contract of Brent crude oil futures was $84.72/ barrel. The high oil price was mainly deadlocked. The market was waiting for the results of the meeting of the organization of Petroleum Exporting Countries (OPEC) and its allies on Thursday. In addition, The rise of US commercial crude oil inventories is expected to heat up, restrain the upward pace of oil prices, and it is expected that the price of refined oil in China may fall slightly in the later stage.

 

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