How is oil price adjusted?
Recently, international oil prices have fluctuated frequently, and domestic oil price adjustments have also attracted much attention. This article will combine the hot topics and hot content on the Internet in the past 10 days, analyze in detail the mechanism, influencing factors and future trends of oil price adjustment, and present key information with structured data.
1. Domestic oil price adjustment mechanism

The price adjustment of my country's refined oil products follows the rule of "one adjustment every ten working days" and mainly refers to the change rate of international crude oil prices. When the international oil price changes by more than ±50 yuan/ton, the domestic oil price will be adjusted accordingly. The following is a comparison of international oil prices and domestic oil price adjustments in the past 10 days:
| Date | International crude oil price (USD/barrel) | Domestic oil price adjustment range (yuan/ton) | 
|---|---|---|
| 2023-11-01 | 85.2 | +120 | 
| 2023-11-08 | 83.7 | -80 | 
2. Main factors affecting oil price adjustment
1.International crude oil supply and demand: Recent geopolitical tensions in the Middle East and OPEC+ production reduction policies have led to tighter supply and pushed up oil prices.
2.dollar exchange rate: A stronger U.S. dollar will suppress crude oil prices priced in U.S. dollars.
3.domestic policy: Such as consumption tax, environmental protection requirements, etc. will also affect the final retail price.
The following are the key events affecting oil prices in the past 10 days:
| event | Date | Impact on oil prices | 
|---|---|---|
| OPEC+ announces extension of production cuts | 2023-11-05 | International oil prices rose 3% | 
| Fed pauses rate hikes | 2023-11-09 | U.S. dollar index falls, oil prices rebound | 
3. Forecast of future oil price trends
From a comprehensive institutional perspective, oil prices may show a volatile upward trend in the fourth quarter:
| institution | Forecast interval (USD/barrel) | Main basis | 
|---|---|---|
| Goldman Sachs | 90-95 | Winter demand grows | 
| Morgan Stanley | 85-90 | Economic slowdown worries | 
4. Suggestions for car owners
1. Pay attention to the National Development and Reform Commission’s price adjustment window (next time will be November 20)
2. Choose refueling hours to refuel. In some areas, fuel prices are even lower at night.
3. New energy car owners can pay attention to electricity price adjustments, and some charging stations have launched winter discounts
Conclusion:Oil price adjustments are the result of multiple factors. It is recommended that consumers obtain information through official channels and arrange oil consumption plans reasonably. The National Development and Reform Commission regularly releases oil price monitoring reports on the 15th and 30th of every month, which can be used as an authoritative reference.
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