On May 4, international oil prices plummeted again, and New York oil prices fell below $100 a barrel for the first time since February 13. This also led to a clearer expectation of lower domestic refined oil prices. The data of the large-scale product e-commerce platform, Treasure Island, shows that the rate of change of international oil prices will be -4% around May 10, and the price of refined oil prices will be closed for the first time in the year. The estimated decline is around 300 yuan/ton. 0.23 yuan per liter or so). Affected by the pessimistic outlook of the European economy and the employment report released by the United States, the market worried that the economic recovery will slow down. By the close of the day (4th), the price of light crude oil for June delivery on the New York Mercantile Exchange plummeted by $4.05 to close at barrel. The US dollar fell by 3.95% to US$98.49, the largest single-day decline since the beginning of this year. Brent crude oil futures for June delivery fell 2.90 US dollars, or 2.50%, to close at 113.18 US dollars per barrel, the lowest closing price since the beginning of February this year. Since the domestic refined oil price was raised on March 20, the international oil price began to fluctuate and fell, driving the rate of change in international oil prices to continue to fall. As of the closing price on May 3, the rate of change in international oil prices has fallen to minus 2.95%. However, on May 2, the international oil price closed at a new high in more than a month. It has caused the market to worry that the rate of change of the three places may be around -3.8% on May 10th. According to the adjustment method of refined oil price announced by the National Development and Reform Commission, when the international oil price change rate reaches 4% for 22 consecutive working days, the domestic refined oil price can be adjusted. Affected by this expectation, the wholesale price of domestic refined oil products also fell across the board last week, and the overall buying and selling atmosphere was sluggish. In April, the national wholesale price of gasoline and diesel has dropped by 120 yuan and 200 yuan per ton respectively. Valve Plate,Compressor Valve Plate,Air Compressor Valve Plate,Air Compressor Reed Valve Plate Ningbo Maixun International Trade Co., Ltd , https://www.maixuncarparts.com
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