B · Normal
[The volume of refined oil products in October decreased month-on-month, and diesel terminal profits fell further] October 28th, international oil prices rose at a high level in October, and the average level moved up month-on-month. The direct impact of cost transmission, superimposed on the difference in the supply and demand pattern of gasoline and diesel, drove the profit performance of each link of gasoline and diesel to be different. The crack price difference between gasoline and diesel continues to fall, and refinery processing profits are significantly lost; the trend of wholesale and retail price differences has diverged, and diesel profits at terminal gas stations continue to be under pressure. High costs continue to be transmitted in November, diesel demand is highly resilient, regional resource mismatch continues, and the refined oil market may continue to be in a pattern of "strong diesel and weak gasoline". (Zhuo Chuang Information)
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