2013年8月29日星期四

Of consumer demand for oil is likely to have been at or near peak

As China's economic development,Ceramic proppant the rapid growth of oil consumption , the foreign dependency rising prices of energy management first is the opening price of oil , with international standards, which for the central enterprises to stay out of the oil dividend policy space, and according to market demand to expand imports also supported international oil prices , oil central enterprises achievements of today's market position. What is more important is that , so far, the oil supply to support sustained and rapid economic growth , has made its due contributions. Although the current refined oil pricing mechanism ,ceramic ball a certain sense is to give oil central enterprises bonus mechanisms, such as neglect or even at the expense of oil quality management , ignoring changes in exchange rates and domestic production of some important factors such as low cost , energy security means dividends even more pronounced. From the past to achieve the policy objective of energy security considerations, the existing mechanism is still worthwhile and should be in the affirmative. We should also clearly growing consumer demand and dependence on foreign oil , and the resulting low level of the oil industry market , oil central enterprises endogenous development , lack of motivation and lack of market-based refined oil market supervision system and other issues. From the global oil and strategic economic interests , which the Americans would like to see .

Ten years, international oil prices high, driven by growth in the global oil industry investment boom , so now the international market oil supply. Domestic According to Customs data , the first 4 months of this year , China imported 90.25 million tons of crude oil , down 0.9% , which is apparent oil demand since the first quarter of 2009 after the outbreak of the global financial crisis, down 2% since the second decline ; Meanwhile, a quarter of China's auto sales more than 540 million units,frac sand companies demand for oil pulling power is not small , but still not arrived in oil prices " short side " of energy . According to reports, gasoline and diesel in the first quarter export growth , though not absolute , but it should be oil central enterprises to market changes foresight important signal . There are signs , China's oil consumption demand is likely to have been at or near the peak , enter the inflection point . A quarter of the outbreak of large-scale haze , I had to judge this prolonged decline in oil prices is likely to be a landmark event , it seems a bit unfortunate omen fulfilled .

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