The international oil prices, according to December 29, "bear" even at domestic production, consumption and inventory - 2015 oil price movements
29, 2015, the last time product oil pricing to suspend the packaged. Even so, the current domestic refined oil prices is already close to the lowest in six years. 2015 fall on the international oil prices brought a lot of rare strategic opportunity for our country, but also accompanied by challenges.
International oil prices in a "bear market"
If 2014 was the international oil price ups and downs of the turn of the year, the international crude oil market in 2015, entered the downturn in real situation.
First at the beginning of this year, international oil prices in the "three Yin" start, lost $50 a barrel. After the short rebound in the second quarter, enter the second half of the year, oil prices fell open mode again.
In December, the federal reserve to raise interest rates, Opec production cuts and future Iranian crude ban on factors, such as international oil prices constantly refresh record lows of nearly seven years. Oil prices fell to $34.73 a barrel in New York, brent oil prices fell to $36.11 a barrel, prices fell 34.8% and 34.8% respectively than the end of last year, than last year's high in June fell 67.6% and 68.6%.
Five yuan twelve domestic oil prices fall into the "times"
In international oil prices in the "bear market" at the same time, our country product oil prices also ushered in the first six years of the 5 yuan era.
Count in 2015, the domestic refined oil pricing process, a total of 25 cycle experience, including 12 times, 7 times, four times, twice to suspend. Gasoline prices for the whole year cut, amounting to 390 yuan per ton diesel price cut 435 yuan per ton; At higher price by 0.27 yuan and 0.39 yuan respectively.
On December 15, the domestic refined oil price adjustments to suspend. National development and reform commission (NDRC) said, low prices, maintain domestic fuel prices basically stable, conducive to the suppression of the excessive growth of oil consumption and energy structure adjustment, promote environmental protection, improve air quality.
On 29 December 24, 2015 finally a refined oil price adjustment time window open, price adjustments to stay again. National development and reform commission (NDRC) said the refined oil price mechanism for the social various aspects the opinion, before the expected to new system, the refined oil price adjustment will continue to suspend.
Low oil consumption and reserve benefit
As the world's second largest oil importer and consumer, low oil prices continue to impact on China's economic and social overall not do more harm than good.
Oil is the most direct beneficiaries of consumer groups. "Compared with last year, now less fuel about 50 dollars a day, save all meals a day." Shanghai qiangsheng taxi driver Mr. Wang calculated brushstroke zhang, Shanghai no. 92 gasoline last year the most high to 7.94 yuan per liter, now only 5.64 yuan per liter, nearly thirty percent cheaper than last year.
The emergence of the era of low oil prices for crude oil in our country created the basis of strategic opportunity, since this year construction accelerated crude oil reserves. Customs data show that the first 11 months of this year, China's crude oil imports rose 8.7%, imports fell 40.9% year on year.
The national bureau of statistics data show that as of mid - 2015, built a total of eight national oil reserve base in our country, the total reserve capacity of 28.6 million cubic meters, oil reserves of 26.1 million tons, than the capacity of the released in November 2014 and the reserves increased by 74.4% and 74.4% respectively.
Low pressure oil production enterprises
Low fuel prices, production enterprise operating pressure, oil companies bear the brunt.
The national bureau of statistics data show that the first 11 months, China's oil and gas industry investment rose only 0.8%, the total profits fell 70.4% year on year. , according to the listed company earnings in the first three quarters of this year, the oil profits fell 68.1% year-on-year, sinopec profit fell 49.5% year on year.
Said zhou dadi, vice director of Chinese society for the study of energy, low oil prices to invest in clean energy development, energy conservation and emissions reduction have a negative effect.
Da-wei zhang, director of the center for the ministry of land and resources evaluation of mineral resources reserves, shale gas blocks in our country has gone through two rounds of bidding, but influenced by factors such as lower oil prices, a new round of bidding is hard to start, "the second round of the bid-winning enterprises because of the low oil price case, start to wait and see attitude."
International oil prices will remain depressed, how to deal with in China?
The experts, the international oil prices over the next two years or will remain at the low price. This is not only the opportunity for our country, also comes with challenges.
Xiamen university, China's energy boqiang Lin, director of the center for economic research thinks, with economic shift and transformation of industrial structure, the overall oil demand in China is slowing, but more and more high to the requirement of oil quality and cleanliness. Take advantage of low oil prices, China should quicken the steps of cleaning oil product quality upgrading, at the same time, include the refined oil pricing mechanism, accelerate the marketization process.
From the perspective of energy security, experts say, still need to steadily push forward the pace of the basis of crude oil in our country, to speed up the overseas oil and gas resources acquisition.
"The international oil prices low for our country to carry out the international oil trade create a favorable market environment." Ministry of commerce, foreign trade department, deputy director of the tracing the cause is introduced, by 2020, China's oil demand may reach 600 million tons, imports could reach 400 million tons. In the future to further widen the channel of the crude oil imports, open to more crude processing enterprises amongs so many brands of crude oil, form a transparent, subject pluralism, competitive and orderly market, encourage and FeiYou petroleum enterprise, small and medium enterprises to participate in the international oil trade and mergers and acquisitions.
Shaanxi extend oil chairman, long said that the current oil and gas prices at record lows, is a good time to "go out". To cooperate with the strategy of "going out", the company is so to strengthen the training of international talents, strengthen the "sea" talent pool.
In the face of the impact of lower oil prices, our country also should strengthen the policy tilt of the clean energy industry, encourage clean energy technology to speed up the breakthrough. Zhou dadi said: "the clean energy industry to bite a tooth, accelerating technological breakthrough, resist the low oil pressure and impact."