Thursday, June 14, 2012

when international oil prices rose above a certain range TERA CD-key when international oil prices

129835668795937500_479Oil price adjustment window open weekend On May 10 this year after domestic fuel prices down for the first time during the year, crude oil prices in the international market shocks all the way down, the domestic refined oil price slashed again in early June as sure. Price adjustment window will open at the weekend Xinhua oil pricing system according to the 6th, as of June 5, the three (Dubai, Brent, Cinta) moving average price for crude oilRate of 8. 3%. Based on the current oil price management approach, when 22 consecutive days of crude oil in the international market when the moving average price changes over 4% can be adjusted domestic oil product prices. On May 10 in China cut fuel prices on June 8 will be the price of the 22nd day after. Released from the pricing rules, has to meet the reduction requirements.International oil prices continued to decline since the end of April, United States Texas light crude oil (WTI) fell more than 19%, United Kingdom North Sea Brent (Brent) crude oil futures fell more than 17%. Creating information products market analysts said Chen Qing, slowing demand reductions as a result of expected growth in the global economy, market concerns about European debt crisis, dollar higher passive andEast geopolitical factors of normal are the main causes of international crude-oil futures fell all the way. In addition, the United States has set a record high crude oil inventories as well as poor economic data, including the unemployment rate down international oil prices important factors for some time. Zhongguoshiyoudaxue (Beijing), said Guo Haitao, Vice President College of business administration, International crude oil prices have risen sharply in the short termSmall probability, but further sharp fall in limited space. Coming 3-4 months Diablo 3 Gold, taking measures to promote the economic growth in China and the United States for further economic improvement, may appear in international crude oil prices rebounded slightly. How big is the price range? According to many domestic market forecasts, the oil price reduction may be larger, or will reach $ 600 per tonAbove. But Guo Haitao said, in view of the Government's regulation of domestic fuel prices higher, at the same time the International crude oil prices recently have the callback, the oil price reduction may not expect so much. In accordance with the existing domestic oil price formation mechanisms TERA CD-key, domestic fuel prices implemented and controlled indirectly in crude oil prices in the international market standards. Responsible person of the State development and Reform CommissionPreviously, volatility in oil prices in the international market since 2009, appropriate regulation by the State on fuel prices, domestic oil price gain is lower than the actual mechanism of calculation of gain. Galaxy securities chief analyst of the Research Department of petroleum chemical industry Qiu Xiaofeng recommendations, to seize the opportunity of falling international oil prices, caused by narrow domestic oil price hike is not in placeDomestic fuel prices, and the gap between the affiliated international oil prices, create conditions for promulgation of the refined oil pricing mechanism. New pricing mechanism when the key? With international oil prices to fall sharply, market participants generally agreed that the refined oil pricing mechanism introduced in Windows is coming. Guo Haitao said, introduced a new refined oil pricing mechanism, the timing is very important. Push the new mechanismAfter, if international oil prices into the long-term downward trend is best. Current international crude oil prices, slowing domestic inflation situation, might be to improve the existing mechanisms more appropriate time. Former Vice Chairman of the national development and Reform Commission said Peng Sen previously, to more or less launched this year oil price reform, reduced price cycles, improved pricing practices to improveTransparency in the running. Qiu Xiaofeng said that small step slow, adjustments in a timely manner, and people feel in tune, after is the perfect features of refined oil pricing mechanism. Guo Haitao said international oil price movements, after all, it is difficult to accurately predict. After the new mechanisms introduced Diablo 3 CD-KEY, refined oil prices more closely in line with the International crude oil prices. If international oil prices rising dramatically or frequently, how to controlAvoiding large swings in the frequent domestic fuel prices on the domestic economic impact are issues that you must consider. He suggested that, after perfect control mechanism could be considered to continue to take band, when international oil prices rose above a certain range, government intervention necessary. Others:

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