In August, the international crude oil price fluctuated upward, and on August 21, the price adjustment of domestic refined oil market ushered in an upward adjustment. During the peak gasoline demand season in August, the gasoline price fluctuated and rose; affected by the rainfall, the demand for diesel oil in southern China was in a gradual recovery period, and the price of diesel oil fell steadily. According to the monitoring data of the business agency, the gasoline price on August 31 was 5551 yuan / ton, up 1.57% from the beginning of the month; on August 31, the price of diesel oil was 4830 yuan / ton, down 1.10% from the beginning of the week.

In August, the international crude oil market continued to release good news. The US crude oil inventory decreased significantly, the US crude oil inventory decreased significantly, and the OPEC + Joint Ministerial Supervision Committee (jmmc) meeting “put pressure on the oil producing countries whose production exceeded the target, requiring them to further reduce production from August to September. The impact of the hurricane forced a large number of offshore drilling platforms in the Gulf of Mexico to be shut down, resulting in crude oil production Lower. International crude oil prices rose in August, with WTI crude oil futures up 7.15%.

In terms of gasoline, since the middle of August, the domestic hot weather has decreased, the terminal demand for gasoline has maintained a just demand, and the international crude oil price has fluctuated upward. However, the domestic oil product market is not willing to push up, and low-cost shipment is the main factor, and the price of refined oil market only rises slightly. In terms of diesel oil, the terminal demand of diesel oil in southern China began to recover gradually in the first ten days of August, but the support for diesel market was not obvious, and the domestic industrial and mining, outdoor construction, transportation and so on maintained the rigid demand level. The price of diesel oil market remained stable and fell slightly.

In August, the average operating load of atmospheric and vacuum distillation units decreased first and then increased, but the overall operating load of the refinery was about 71% – 75%, and the domestic oil product output remained at a high level.

Lu Xingjun, a refined oil analyst at the business club, said: in August, the international crude oil market continued to be positive and stimulating, but the overall international crude oil market remained stable and did not form a continuous upward trend. It is expected that the crude oil price in September will still fluctuate at a high level. With the arrival of the traditional peak season of gold, silver and ten, the price of refined oil is expected to rise slightly in September.