AutoBeta(AutoBeta.net)09/18 Report--

On September 14, Saudi Aramco's two major oil facilities were attacked, which reduced Saudi oil production by 5.7 million barrels per day, equivalent to 6% of global supply. After the attack, Aramco said it was in the process of restoring full production. However, some experts say it may take weeks for Saudi Arabia to resume crude oil production, and oil prices may soar in the short term.

According to the National Development and Reform Commission, a new round of refined oil price adjustment will start at 24:00 on September 18. During this round of refined oil price adjustment cycle (September 3-September 17), international oil prices rose. On average, London Brent and New York WTI oil prices rose 3.27% compared with the previous round of price adjustment cycle. Affected by this, domestic gasoline, diesel retail prices will rise accordingly.

It is understood that the price adjustment gasoline rose 125 yuan per ton, diesel rose 125 yuan per ton. National average: 92 gasoline rose 0.1 yuan per liter;95 gasoline rose 0.1 yuan per liter;0 diesel rose 0.11 yuan per liter. According to the average household car fuel tank 50L capacity estimate, fill up a box of 92 gasoline will cost about 5 yuan more.

In 2019, the price adjustment of domestic refined oil products has shown the pattern of "eleven rises, five falls and two grounding". Up to this price adjustment, the gasoline price has been increased by 590 yuan per ton accumulatively, and the diesel price has been increased by 570 yuan per ton accumulatively. If this round of increase is realized, domestic refined oil prices will achieve "two consecutive rises" in September, which will also be the 11th increase in the year.

However, due to the current sufficient global crude oil inventory, the overall good market supply, the direct impact of emergencies is limited, it is difficult to support the continuous sharp rise of oil prices. If there is no escalation of conflict, the impact of oil prices will soon subside.

According to the data previously released by the China Automobile Association, the sales volume of China's automobile market in August this year was 1.958 million vehicles, down 6.9% year-on-year; from January to August, the overall sales volume of domestic automobiles was 16.104 million vehicles, down 11% year-on-year.

By comparison, although the price increase is not obvious compared with the last time, it also increases the cost of car use for consumers. Returning to sales volume, due to the increase in vehicle costs caused by the rise in oil prices, to a certain extent, consumers will reduce the heat of car purchase and increase consumers 'concerns about car purchase.

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