Oil prices may rise before the Chinese New Year

Huitong Financial News The last round of oil price adjustment before the holiday is coming. According to the domestic refined oil price adjustment mechanism, domestic oil prices will start a new round of price adjustment at the end of this month (24 o’clock on January 31). On January 26, the reference crude oil change rate on the 7th working day in China was 3.06%, and it is expected that gasoline and diesel will be raised by 130 yuan/ton, which has broken through the red line of 50 yuan/ton. According to the current increase, the domestic oil price will be raised by 0.10-0.11 yuan / liter after conversion, and the owner will have to spend 5-5.5 yuan more if he wants to fill up a car with a fuel tank of 50 liters. Recently, international oil prices have continued to rise, so this round of oil price increases should be a high probability event.