I. Domestic oil price dynamics
1. Domestic crude oil futures fell slightly
The main contract of Shanghai International Energy Exchange crude oil futures (2505) closed at 542.3 yuan/ton, down 0.20%, and both trading volume and position fluctuated.
2. The price adjustment of refined oil is expected to increase
The new round of domestic refined oil price adjustment window is approaching, and the increase is expected to exceed 200 yuan/ton, equivalent to 0.15-0.20 yuan/liter. The fluctuation of international oil prices and the recovery of domestic demand are the main driving factors.
II. International corporate dynamics
- Marathon crude oil transaction volume increased
The US Marathon Crude Oil Company (MPC) had a US$245 million US dollar turnover on the day, ranking 349th, an increase of 4.93% from the previous day. The company connects major US oil and gas basins with international markets by integrating midstream energy asset networks.
3. Fuel oil market
- Fuel oil 380CST benchmark price fell
The benchmark price of fuel oil 380CST on that day was 474.50 US dollars/ton, down 5.85% from the beginning of the month, reflecting the impact of recent international crude oil price fluctuations on the derivatives market.
4. Enterprise price adjustment information
- Dongming Petrochemical's oil product prices rose
Dongming Petrochemical Group's 0# diesel, 92# and 95# gasoline quotations were raised by 20 yuan/ton and 60 yuan/ton, respectively, to 6860 yuan/ton, 8060 yuan/ton and 8200 yuan/ton, indicating that the cost pressure of refineries was transmitted to the terminal market.
5. Industry conferences and policies
- Professional capacity building conference was held
The National Petroleum and Chemical Industry Professional Capacity Building Work Conference was held in Yueyang, focusing on the integration of industry and education, the optimization of skill evaluation system and digital transformation, aiming to enhance the competitiveness of industry talents.