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SpinDistribute.com Article Directory

The following article was published in our article directory on April 21, 2011.
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Oil price grows rapidly recently

Article Category: Business

Author Name: xia zihui

"Now has to observe the oil price management measures (try out)" the important point can continue." April 19 national development research center DengYuSong said market.

The day he attend "China petroleum business conference" since 1998, reviews the process of oil pricing mechanism in China in the first half of 2008, and points out that the "oil shortage" because of international oil prices climbed to $100 a barrel above, and domestic product prices caused by failed to keep up with.

This view including interest, LiaoNa leavened energy information director many participating experts would agree, in fact, the domestic market never short of oil.

According to LiaoNa introduction, once in China in 2010 crude oil processing ability to 5 million tons/year, accounts for 10% of the global total capacity, and oil refining capacity expansion situation is still not slowing, to "1025" end, domestic one processing capacity will be increased 1 million tons/year, reach six million tons/year, "these production would be mainly in 2012 and 2013 release".

However have capacity doesn't mean it has enough supplies. "In prices expected serious when, operators to stockpiling emergency oil rose intend will is strong, market supply unavoidably will appear nervous." The above the experts say.

In their view, 2009 the oil price management measures (try out) "executed, because of domestic fuel prices adjust the number increase, guarantee the interests of producers and operators, mobilize the enthusiasm of their production and operation, which makes 2009 and 2010, the contradiction between supply and demand of domestic oil has not been sharpened," oil has not occurred. "waste also
The 2011 as international oil prices back above $100 a barrel, senior director of nanhua futures YangGuangMing etc, with north Africa and the Middle East that geopolitical evolution, more likely to achieve international oil prices above $140 per barrel, the national development and reform commission and other relevant government agencies will continue to implement the whether oil price management measures (trial) "?

"Guaranteed supply and demand balance means that oil prices could continue to rise; domestic oil supply and demand may appear suppressing the tension that will test development and reform commission of the situation." ability to judge The above the experts said.

From market news says, to prevent possible fuel shortages and the arrival of oil and natural gas has reduced or even interrupted the private stations for some more policy wholesale, sinopec, its own sales companies from shandong to purchase oil refining, every tons will reward 400 yuan/ton.

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