On August 25, the price trend of refined gasoline and diesel in Shandong continued to rise. The price of 92# gasoline in China was 9,048.8 RMB/ ton, and the price of 0# diesel in China was 8,518.8 RMB/ ton. The price trend of gasoline and diesel in the field was rising, the start-up of refinery units was slightly lower, and the production and sales rate was good. Affected by the national military exercise and the withdrawal of Sinopec and Sinopec from the United States, the price of domestic refined oil rose. The transaction price of 92# gasoline for national VI standard vehicles is 8,900-9,100 RMB/ ton; The transaction price of 95# gasoline for national VI standard vehicles is 9,000-9,200 RMB/ ton; The transaction price of 0# diesel for national VI standard vehicles is 8,400-8,600 RMB/ ton. The demand for gasoline has been weakened. The epidemic situation in some areas has suppressed the demand. In addition, the number of trips at the end of the summer vacation has decreased, and the gasoline price has increased slightly. With the end of the fishing moratorium and the increase in the commencement of infrastructure projects, the diesel demand has increased in the near future, and the diesel price trend has risen.

The settlement price of the main contract of WTI crude oil futures in the United States was US $94.89/barrel, up US $1.15 or 1.23%; The settlement price of the main contract of Brent crude oil futures was US $101.22/barrel, up US $1.0 or 1.0%. According to the data released by the US Energy Information Administration (EIA) on Wednesday, the inventory of crude oil and refined oil fell last week; At the same time, the market is still worried about the remarks made by the organization of Petroleum Exporting Countries and its allies (OPEC+) on the possibility of simultaneous production reduction after the return of Iranian oil to the market. The oil price is supported in the short term, and it is expected that the price of refined oil may rise in China in the later period.

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