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Home > News > How much influence does the international oil price `eight consecutive gains` have on Pyrolysis Oil refining and equipment manufacturers?

How much influence does the international oil price `eight consecutive gains` have on Pyrolysis Oil refining and equipment manufacturers?

2019-01-11

14

Today is 11th,Jan,2019, Friday,Soon in 2019, the first round of domestic refined oil price adjustment window will be opened. since 2019,, the international oil price has entered the upward channel, showing a red-hot state, rising, rising, rising sounds! It has been continuously rising for eight consecutive days, and it has risen until your doubts about life... we can`t stand it.


Soon, 2019 first round of domestic refined oil price adjustment window will open the eighth working day in China. The comprehensive crude oil variety change rate is 0.78%. The current forecast oil price has raised by about 38 RMB/ton. The price adjustment time is January 14, 2019. Open at 24 o'clock.

What you see now is correct! This time the oil price will not fall, it is expected to welcome the first domestic increase in 2019!

In the November 2018 period, the fuel oil price has already risen to 3,600 RMB / ton, and the raw material waste tires required for pyrolysis also rise to as high as 800 yuan / ton, Chinese northeast region is the highest price of waste tires, Three Factors like logistics, weather and people's mentality lead to the current situation, the tire price is slightly turbulent, but still shows a high level for a long time, but with the continuous rise of international crude oil prices will inevitably lead to higher fuel oil prices.


Now US and Brent crude oil is about to break through the mark, it has become a reality from the close. US crude oil has exceeded $50 and closed at $56.32/barrel, up $2.58. Brent crude oil broke above $61 and closed at $61.44 per barrel, up $2.72.

Saudi Energy Minister Falih reiterated the country's determination to reduce crude oil production and exports in the coming months: Saudi Arabia will proactively prove to partners that we are seriously considering rebalancing the market, hope, stable energy market, which can encourage New supply without hurting the global economy.

Nancy.Si(Shangqiu Yilong Machinery Equipment Co., Ltd)