Part of it is true

The wholesale price and retail price of refined oil are inverted. Due to retail price restrictions, oil stations limit oil supply to reduce losses, making it difficult to refuel.

The pressure on energy conservation and emission reduction in the "Eleventh Five-Year Plan" has led to power cuts in various places, which has led to an increase in diesel power generation and a tight supply of diesel.

Coping Strategies

Editor

Introduce a more reasonable oil price control mechanism and petrochemical enterprise profit supervision mechanism, limit the growth of private vehicles, and develop public *** Transportation. In the long run, the state needs to increase its support for technological research and development in automobile-related industries to reduce vehicle fuel consumption and develop a variety of green power-driven vehicles.

Related reports

Editor

Petrochemical duo stated: Diesel shortage will end at the end of next month

After eight consecutive months of decline in diesel stocks Xia Shixiang, deputy general manager of Sinopec Sales Co., Ltd., said in an interview with reporters that Sinopec diesel stocks began to stop falling and rebounded last weekend. He predicts that in one month, Sinopec's diesel inventory should reach normal levels, and the tight diesel situation will end by the end of December.

In this regard, relevant personnel from PetroChina also made similar statements in interviews with reporters.

Analysts said that the continuous decline of crude oil has triggered a wait-and-see situation in the domestic market. Domestic diesel resources are becoming increasingly loose. Controls on external sales of gas stations owned by the two giants in key coastal cities have become tighter and looser. Resource constraints in the retail sector are expected to be further eased. .

However, some experts believe that Sinopec's forecast is too optimistic. The demand for diesel for electricity and coal transportation by enterprises will increase by the end of the year. It is possible for the oil shortage to be alleviated, but there is no sign of its end.

Inventory stopped falling and rebounded for the first time

"Recently, especially in the past two months, the company's diesel inventory has fallen sharply." Xia Shixiang said. Since August, domestic refined oil inventories have dropped significantly. According to China's petroleum inventory data released by Xinhua News Agency, diesel inventories fell by 8.6% month-on-month in September; in October, diesel inventories fell by 10.7% month-on-month.

Liao Kaishun, an analyst at Xiwang Energy, said that in March, domestic refined oil inventories were at normal levels, estimated at around 17 million tons. But by the end of October, refined oil inventories fell to 14 million tons, diesel stocks were about 9 million tons, and diesel stocks were only 6.25 million tons.

The reporter learned from the two oil giants that diesel stocks stopped falling and rebounded for the first time. Relevant sources from PetroChina said that the company's daily diesel processing capacity remains at a record high of 400,000 tons. In the later period, as demand declines in winter, diesel inventory will rise.

Xia Shixiang said that the rebound in diesel stocks was mainly the result of a series of measures such as increasing diesel production, increasing imports, and delaying refinery maintenance.

According to statistics, as of November 16, the operating rate of the 48 main domestic refineries was 87.06%, which was slightly higher than the year's high of 86.43% in the same period last year. The two giants will also import nearly 500,000 tons of diesel.

Regarding the zero inventory mechanism proposed by the two major companies in the media, Zuo Xingquan, deputy general manager of Sinopec Sales Co., Ltd., said, “Only 40% of Sinopec’s refined oil supply is transported by pipelines, and there is no need for turnover or inventory. , but most of the refined oil is distributed by water transportation, railway, and automobile, and turnover cannot be achieved without inventory. "The country requires that the inventory of oil can meet the turnover of one month. Each oil company can control it according to the specific situation. The international practice is 2. weeks or 22 days.

Experts say: Expectations may be too optimistic

Xia Shixiang revealed that the two major companies will add 1 million tons of new diesel supply to the market. The actual consumer demand is not that much, along the coasts and rivers , East China, South China, diesel tension is easing. According to the monitoring of Xiwang Energy, gas stations in key coastal cities have basically opened up for oil supply, such as Guangdong, Shanghai, Shandong, Jiangsu and Zhejiang, and Hebei Sinopec have basically opened up sales. However, in the inland areas of Central China, only a few cities such as Hubei and Sinopec have liberalized it; in the southwestern region, only Guangxi has liberalized it, and other major gas stations are still limited.

“The queues at gas stations are becoming less and less. In the past, each vehicle was limited to 200 to 300 yuan of diesel at a time, but now the limit has been increased to 500 to 600 yuan.” Xia Shixiang said.

According to insiders of Guangdong Sinopec, the retail sales of each sales company have increased significantly by about 5% to 10% compared with last week.

Relevant sources from PetroChina said that the company’s gas stations in most regions of the Northeast and Northwest have opened supply, and will gradually expand to the country based on local supply and demand conditions.

Liao Kaishun said: "International oil prices have continued to fall, and the two major companies have released negative signals of increased resources. Speculative oil hoarders have been frustrated and have reduced purchases. Diesel resources have come out of the tight dilemma."

Liao Kaishun said. p>

Xia Shixiang believes that if international crude oil prices no longer rise and panic demand declines, the diesel shortage may end by the end of December.

However, Han Xiaoping, CEO of China Energy Network, said: "At the end of the year, there is great pressure to save energy and reduce emissions, and power cuts on companies will continue; December is also the peak period for corporate deliveries, and power consumption is large, so only Increase diesel power generation; in addition, hundreds of millions of tons of coal will be added this year, and there will be a huge demand for imported diesel. Therefore, relief is possible, but there is no sign of an end.

”

The oil shortage has not eased

Editor

Although the "two barrels of oil" have expressed their stance to increase the supply of diesel, private oil companies do not Buy it. After the Petroleum Circulation Committee of the China Federation of Commerce "blasted" the supply shortage of two barrels of oil, the All-China Federation of Industry and Commerce Petroleum Industry Chamber of Commerce also stood up and blamed the "two barrels of oil" for deliberately creating chaos in the oil shortage. He also called on the country to liberalize the import of crude oil and refined oil if conditions permit. “As long as the monopoly situation does not change, the oil shortage will continue to spread. "Qi Fang, executive director of the chamber of commerce, said. On one side, Two Barrels of Oil accused private gas stations of hoarding oil and being reluctant to sell it. On the other hand, private oil companies fought back against Two Barrels of Oil and used monopoly to control the market. Both sides insist on their own opinions, but what is the dilemma of diesel shortage? Can it be solved in time? [1]

50,000 private gas stations are very hungry

“Now we can’t even buy high-priced oil”

“But we are helpless Talking about the oil shortage, expressing it reluctantly, struggling to survive, and facing consumers in a disgraceful manner. Qian Qilian, who is also the executive chairman of the Chamber of Commerce, used this parallelism to express his tangled mentality, "If you were engaged in oil, you would feel the same as me now." "He is also the general manager of Nanjing Lanyan Petrochemical Storage and Transportation Co., Ltd., which owns multiple gas stations. According to him, some of his subordinate gas stations are still selling diesel, but "they lose two or three yuan per liter." , Some have simply stopped supplying oil. “Now that high-priced oil is no longer available, I can only guarantee the supply of oil at two or three gas stations in Nanjing. ”

Qi Fang pointed out that the “Two Barrels of Oil” simply stopped supplying oil, and private oil dealers basically “cannot buy oil.” They can only buy oil at high prices from intermediaries and profits from wealth. Gas stations use a limited supply of diesel, only adding a few dozen liters at a time, "to coax drivers away". According to Chairman Zhang Yue, "basically all of the approximately 50,000 private gas stations across the country are in short supply." /p>

The two major oil groups also requested "Two Barrels of Oil" to increase resource allocation in sensitive and weak inventory areas to ensure key oil needs such as agricultural production during the "Three Autumn Periods". "Two Barrels of Oil" immediately disclosed what they were doing. A number of measures have been taken to ensure supply. However, in the past week, private oil companies have not felt that the diesel shortage has improved significantly. "Qian Qilian believes that if you can buy oil at a lower price than the retail price, it will mean improvement, but you can't buy it yet. According to his description, the wholesale price has exceeded the retail price for some time in the past, and the price inversion has been serious. Originally, according to relevant It is stipulated that the wholesale price of refined oil is at least 300 yuan lower than the retail price.

Denying the hoarding of oil and reluctant to sell it

“The difference earned is not enough to pay the interest, and there is no source of oil to store. ”

Since last month, diesel supply shortages have gradually emerged in some areas such as Shandong, Henan, Jiangsu, Zhejiang, Hunan and Hunan, Anhui, Jiangxi, Guangxi, and Guizhou. Some private gas stations have complained about supply restrictions or suspensions. There are even queues for refueling in some cities. According to the two major oil groups, the main reasons for this round of tight diesel supply are the strong rebound in international oil prices, the uneven construction of trust networks, the rise in seasonal consumer demand, and the "reluctance to sell" at some social gas stations. Even hoarding. The presidents collectively denied this.

“There is no such thing. Isn’t it stupid to hoard oil now? "Qian Qilian pointed out that a ton of oil costs more than 8,000 yuan. There is no need to hoard oil when the oil price is so high. Moreover, based on his many years of experience, oil hoarding usually takes place between Christmas and the Spring Festival, betting on the start of construction in the coming spring. The timing is not right. He himself There is basically no oil in the warehouse. Zhang Yue also said that depositing 10,000 tons of oil would cost nearly 100 million yuan, and it is not cost-effective. The difference earned is not enough to pay the interest, and there is no source of oil to store.

Reference materials

1. The diesel shortage has not been alleviated after the National Development and Reform Commission’s interview, and 50,000 private petrol stations are very hungry