from a number of social monitoring agencies learned that OPEC output to reach an agreement the message continued to ferment, although recently the bullish sentiment has subsided, but overall is still in international oil prices higher volatility trend, when the rate of change of crude oil continued high and volatile.

Next Wednesday (December 14th) the domestic refined oil prices rose two is almost a foregone conclusion, and the amplitude or over 350 yuan / ton, a record high this year, private cars to fill a box will increase the cost of about 21 yuan.

In December 9th, OPEC ministerial meeting held in November 30th, the parties to reach an agreement to cut output, output to 32 million 500 thousand barrels / day. Non OPEC members have made commitments will participate in production cuts, reductions in total 600 thousand barrels a day, Russia promised to cut 300 thousand barrels / day. This boost, the international oil price was soaring 8%, and for several days of high shock.

And recently began to weaken this effect. The United States last week, the overall bias inventory report bearish, the market doubts on the execution of the production increase, but the downside is the weaker dollar limit price.

As of December 7th closing, the New York Mercantile Exchange in January 2017 delivery of light crude oil futures prices fell $1.16 to settle at $49.77 a barrel, down 2.28%. February 2017 delivery of London Brent crude oil futures prices fell $0.93 to settle at $53 a barrel, down 1.72%.

“Although the international crude oil fell again, but the domestic oil price adjustment is expected to increase is a foregone conclusion.” JOYOU Information Analyst Sun Xiaofei said that as of December 8th, the rate of change of crude oil was 11.65%, JOYOU crude oil valued 51.737 U.S. dollars / barrel, compared with the benchmark price of 5.399 U.S. dollars / barrel, crude oil price of $51.134 a barrel in Asia, compared with the benchmark price of 4.796 U.S. dollars / barrel, expected 14 refined oil retail price increase 350 yuan / ton.