Oil prices may face “six consecutive rise”, refining losses new energy profit


In the past half a month, international oil prices staged a “roller coaster” market.Industry insiders believe that the future market on geopolitical risks, supply expectations and other concerns, will continue to dominate the high volatility of oil prices.For China, the largest importer of oil and gas, it is a mixed blessing.A new round of price adjustment window for domestic refined oil products will open on March 17, when “six consecutive price increases” is likely to happen, which will further increase costs in transportation and other industries, and some oil refining companies will also suffer heavy losses.However, from the perspective of economic growth and space, oil prices have also brought market opportunities for the transformation of the energy industry.(Economic Information Daily)

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