Due to the spread of the political crisis, several ports and oil fields in one country were closed, resulting in the almost complete cessation of oil production in that country. This country is Libya.

Libyan Oil Minister Mohamed oun said that the daily volume of Libyan oil fell by about 1.1 million barrels. Almost all oil and gas production in eastern Libya has stopped. At present, the only oil field in operation is the Wafa oil field in the southwest, which has a daily volume of only 40000 barrels.

Earlier, because of public protests, two key oil ports in the country, ES sider and RAS lanuf, were forced to close. Workers in hariga, the second largest port, were also urged to stop their operations. The salir oil field, where 125000 barrels of oil flow to the port every day, was completely closed.

News recently came from Saudi Arabia, another major oil country. Saudi Aramco, the world's largest oil company, said it would reduce its crude oil supply to China in July, which also means that the crude oil from Saudi Arabia in July will be far lower than the supply specified in the contract.

As you know, China's demand for oil is very large, and Saudi Crude oil accounts for 17% of China's total imports. Saudi Arabia has always been the largest country in China's overseas crude oil imports. It is not difficult to speculate that this move will further raise China's oil price.

The high oil price has put people of all countries in a difficult situation. One of the main reasons for the continuous rise in oil prices is the conflict between Russia and Ukraine. The sanctions imposed by western countries on Russia have led to tight oil supply, which first formed a vicious reaction in the developed countries in Europe and the United States.

What are China's expectations for the oil price adjustment this time?

According to the data of zhuochuang information, the price of gasoline and diesel is expected to increase by 340 yuan / ton after the price adjustment. Equivalent to a price increase of 0.27 yuan for 92 × gasoline, 0.28 yuan for 95 × gasoline and 0.29 yuan for 0 × diesel. Based on 50 liters, it costs 13.5 yuan to fill a box of 92.

Yanhonghong, product oil analyst of Zhongyu information, said that if this adjustment range is implemented, domestic 92\; gasoline will fully enter the "9 yuan era";

Some regions, such as Guangdong, Guangxi, Sichuan and other regions where 95\gasoline has exceeded 9.7 yuan / L before this round of adjustment, are expected to enter the "10 Yuan era" after the price adjustment window on June 14.

Zhengmingya, product oil analyst of Zhuo Chuang information, analyzed that the change rate of crude oil in this pricing cycle was at the beginning. First, the U.S. reserve pool continued to decline, and there was no significant accumulation of commercial banks for the time being, which was supported by strong fundamentals.

Second, after entering the peak of oil consumption in summer, the crude oil processing volume remained at a high level. Under the low inventory pattern and the positive expectation of future demand, the focus of crude oil price moved upward.