On May 23, 2014, domestic refined oil prices will usher in a new round of price adjustment window. Industry sources pointed out that the impact of the recent international crude oil shocks, the domestic refined oil prices adjusted or raised for the third time. It is understood that after the implementation of the reduction of domestic refined oil retail prices on May 10th, although the situation in Ukraine has eased, the situation in Libya has once again become turbulent, and Cushing’s crude oil inventories have decreased, and gasoline inventories have also declined, supporting the oil price. The performance of global stock markets was weak, and Brent’s oil price rose slightly less than that of US crude oil. International oil prices kept fluctuating upwards. As of May 19, Brent offered US$109.37 per barrel, which was 1.37% higher than the previous adjustment. Pan Haiping, analyst at refined oil products at the business club, believes that the new round of price adjustment window opened at 4:00 pm on May 23. Affected by the recent upsurge of international crude oil shocks, the domestic refined oil price adjustment will increase for the third time, and it will usher in the first year of the year. Three times the price of oil was raised. According to the statistics from the Business Society, the previous two time-ups were on February 27 and April 24. Pan Haiping said that from the current market performance, after oil prices down on May 10, followed by gasoline and diesel prices were slightly lower. Constrained by the weakness of the next march, the market has been weak, and the current domestic refined oil market remains flat. The operating rate of refineries rose steadily and many refineries increased their load. Stainless Steel Section Profile Stainless Steel Section Profile,5 Mm Stainless Steel Plate,Stainless Steel Plate Cost,Geberit Flush Plate Stainless Steel Jiangsu Langyixin Industrial Development Co., Ltd , https://www.lanmgyixinmaterials.com