According to the China New Energy Channel, in the current pricing cycle, influenced by factors including the Middle East situation, the U.S. dollar exchange rate, and U.S. crude oil inventories, international oil prices have shown fluctuations. However, because each time the decline was small, the increase was larger and the cumulative increase was higher than the decline, so the overall international oil prices showed a rising trend. The sharp rise in international oil prices during the long holiday has played a decisive role in the current trend of oil prices. According to the “Financial Times†Chinese website, on April 7, 2015, both the global crude oil benchmark Brent and the US crude oil benchmark West Texas Intermediate crude oil (WTI) prices all rebounded by more than 5%. It is reported that in accordance with the principle of “a ten-day adjustment†for domestic refined oil prices, the opening time of the current round of oil price adjustment will be 24 hours on April 10. Liu Zhuo, an analyst at Zhuo Chuang Information Technology, said on the China New Energy Channel: “Since there are only three working days left from the implementation of the price adjustment policy, the increase in domestic refined oil prices has basically become a foregone conclusion in view of the current increase in international oil prices.†She predicts. Price increases may be around 125 yuan/ton. Shi Zerui, an information analyst at Zhongyu, also stated that according to the current spot price of crude oil, the domestic oil price increase is expected to have little suspense and there may be no possibility of price adjustment. However, even if the current round of domestic oil price increases is expected to increase, but due to the slightly higher expected increase, the boost to the domestic market is not clear. Domestic downstream demand remains low, and the overall buying and selling atmosphere of domestic refined oil products remains relatively light. As of April 7, 2015, Zhongyu Information monitored the average wholesale price of PetroChina and Sinopec in 28 major provinces and cities in China, both falling from the previous day. Gold And Silver Laser Marking Machine Gold Laser Marking Machine ,Silver Laser Marking Machine ,Laser Engraving Machine Price,Jewelry Engraving Machine Jinan Luyue CNC Equipment Co., Ltd. , http://www.sdlycnc.com
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