Oil prices continue to rise. What is the reason for the rise?

In recent years, China's oil price has been rising, and the price of refined oil has been getting higher and higher, which has limited the development of China's oil market. What is the root cause of the rising oil price in China? Mainly reflected in the following aspects.

1, the domestic tax rate is very high.

The domestic gasoline tax rate is very high, which has a certain gap with foreign countries. According to relevant data, consumption tax accounts for 26.8 1%, value-added tax accounts for 14.53%, urban construction tax accounts for 2.89%, and the rest is enterprise income tax. When all taxes and fees are added together, the gasoline tax is as high as 48.05%, while the actual cost price of gasoline is only 5 1.95%. In the United States, although taxes vary from state to state, they are almost one third of those in China.

2. The depreciation of the US dollar

Since 2008, inflation has always existed. In 2008, a liter of gasoline was used in 6.3 yuan, but now it is impossible. It costs more to buy the same liter of gasoline. At the same time, the dollar has been depreciating, while the renminbi is appreciating, which is one of the reasons why domestic oil prices only go up but not down.

The international oil price is not equal to the market price.

The international crude oil price has an impact on the later oil price, but has no impact on the current oil price. Who is the biggest buyer of international crude oil market? Three barrels of oil? However, the pricing power of international crude oil is in the hands of the United States, so the purchase price in the United States is much cheaper than ours, so the sales price is lower. The retail price of gasoline consists of crude oil cost, refining cost, transportation cost, sales cost, import link cost and government taxes and fees.

4. Low refining level

Crude oil needs to be refined, so it needs to have a certain loss. The loss of domestic crude oil refining is great, and the refined oil rate of domestic gasoline refining level is only 60%. Because of the lack of advanced refining technology, with advanced technology, 100L crude oil can get at least 80L gasoline, while according to the current domestic refining level, it can only get 60L, so the oil price is naturally high.

What are the factors that affect the oil price in China after knowing the root cause of the oil price increase in China?

1, international oil price. The change of international oil price will directly affect the change of China oil price, and the adjustment mechanism of domestic oil price follows the international oil price.

2. Crude oil production and export volume of the Organization of Petroleum Exporting Countries and other major oil producing countries.

3. Macroeconomics. The economic growth of China, the United States, Germany, France and other major countries in the world will affect the international oil price. When the economy is prosperous, the demand will increase and the oil price will also rise. When the economy is depressed and demand weakens, oil prices will fall.

4. Inflation. Once the market is well funded, inflation will occur, and the prices of most things will rise, and oil prices are no exception.

5. Domestic crude oil output. If domestic crude oil production increases substantially, oil prices will fall. At present, domestic oil prices are high because of China's high dependence on imports. Once a large oil field is discovered, it is expected to solve the problem of domestic dependence on crude oil.

6. Crude oil import channels are blocked. The tightening of oil import channels will inevitably affect domestic oil prices.

7. Market hype. Crude oil is the main trading variety in the financial market, so it attracts many large funds from all over the world to participate in it. In the short term, the speculation of funds may make the international oil price fluctuate greatly.