Wednesday, November 19, 2008

Oil prices will certainly fall undetermined time in Shanghai as early as fall of private gas station robbery

Energy director of the Institute of National Development and Reform Commission said this week that domestic oil prices will certainly, but gave no specific timetable. Experts have estimated that there may be potential gasoline price drop of about 1000-1500 yuan per ton, and diesel oil price drop of about 800-1200 yuan per ton, could drop 12% -20%. With the price of gasoline and diesel calls increasing, and many private gas prices began to scramble back. Private stations close range Rangli Chekiang Private gas stations around Shanghai frequent promotions, a liter of gasoline cheaper than in Shanghai, up to 0.08 yuan -0.4 yuan, and Shanghai to attract a lot of vehicles on the way to refuel the surrounding cities and towns. Reporters visited Shanghai yesterday that gas station, private gas stations in Shanghai Rangli rate increase has been close to areas of private Jiangsu Rangli the gas range. Hua Wanhangdulu gas station is located, Zhenning Road intersection, was a domestic oil groups to join the station, now separated. Up the road for the two concessions refueling billboard bearing the eye-catching to read: 90 of the original price of gasoline 5.57 yuan, 5.3 yuan price. 93, petrol price 6.05 yuan, 5.9 yuan price. Pudong, a private gas station told reporters that at the moment because of gasoline and diesel retail profits have been more abundant, the majority of Shanghai jumped from the private gas stations have gasoline and diesel retail price-cap close to the old "habits", as early as the beginning of robbing price Some drop out, some Anxiang. In another development, Shanghai diesel gas prices in the wholesale market like other big cities recently fell again and again. Wholesalers are still playing himself price war, on the phone when competing for promotion to run shipping volume decline. A Statistics show that Shanghai's No. 90 market trading price of wholesale gasoline has fallen to the lowest at about 6300 yuan per ton, 93, about 6500 yuan per ton of petrol, diesel 0, about 5400 yuan per ton. In June this year, a variety of labeling than the current wholesale price of diesel gas prices higher than the 1200-1400 yuan per ton. Oil drop certainly did not disclose the time National Development and Reform Commission Energy Han Wenke, director of the Institute on the 18th in the International Energy Agency, "World Energy Outlook" conference that the Chinese official a study of measures to stimulate the economy, oil prices are concerned. To be sure, oil prices are now high oil prices in the period of the development of future oil prices will definitely be. However, Han Wenke refused to disclose the oil price adjustment schedule. For refined oil prices in international oil prices and the real-time interaction mechanism, said Han Wenke, such a mechanism in the short term will not be established. Because the joint mechanism is the hidden agenda behind the price at one go, into line with international oil prices. However, China is a developing country, what the prices are not realistic with international practice. As for the concern of the fuel tax issue, Han Wenke said it would "soon" to levy.

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