I. Domestic refined oil price adjustment dynamics
1. Price adjustment window countdown
April 28 is the second day before the 9th oil price adjustment cycle this year. The retail prices of No. 92 and No. 95 gasoline at gas stations across the country are facing adjustment pressure. The market expects that the window for price increase may be opened before May Day, but attention should be paid to international oil price fluctuations.
2. The latest national oil prices (April 28)
- Beijing: No. 92 gasoline 7.10 yuan/liter, No. 95 7.56 yuan/liter, No. 0 diesel 6.78 yuan/liter
- Shanghai: No. 92 gasoline 7.06 yuan/liter, No. 95 7.51 yuan/liter
- Guangdong: No. 92 gasoline 7.12 yuan/liter, No. 95 7.71 yuan/liter
- Xinjiang: No. 92 gasoline 6.90 yuan/liter (national lowest price)
- Hainan: No. 95 gasoline 8.72 yuan/liter (national highest price)
---
II. Capital market and industry sectors
1. Funding trends in the oil sector
Power Diamond (301071) had a net outflow of 19.88 million yuan in main funds and a net inflow of 22.89 million yuan in retail funds, reflecting the market's short-term risk aversion to energy-related sectors (cultivated diamonds).
2. Refining and Chemical Enterprise Dynamics
The wholesale price of gasoline in Shandong local refineries has fallen by 200-300 yuan/ton. The plunge in international oil prices has been transmitted to the domestic market. The market is still under pressure after the price adjustment window on April 17.
---
III. Impact of international oil price correlation
- Domestic oil prices diverge from international trends
Although the cumulative decline of international WTI crude oil in April exceeded 15%, domestic refined oil prices have stabilized temporarily due to exchange rate fluctuations (the RMB exchange rate against the US dollar rose to 7.1889) and inventory adjustments.