Middle East conflict escalation stimulates international oil prices to continue rising, experts say: in 4 days, a tank of 92-octane gasoline may cost an additional 80 yuan.

A finished oil analyst at Jinlianchuang told reporters that domestic refineries mainly import crude oil from the Middle East. Due to the impact of Middle East conflicts, these major refineries have passively reduced their loads since March, leading to a certain contraction in the supply of finished oil in the market. "Currently, there is no tight supply and demand situation in the domestic finished oil market, but if the Middle East conflicts continue to lengthen, there may be some impact," the analyst said. He indicated that if the Middle East conflicts persist, international crude oil prices will continue to rise, and domestic finished oil prices will also be affected by international crude oil prices. The sixth round of oil price adjustment window for this year will end at 24:00 on March 23. Based on the latest changes in international oil prices, the analyst estimates that the retail price of 92 octane gasoline will increase by 2000 yuan per ton, which translates to a rise of 1.6 yuan per liter. Based on the general estimate of a 50-liter fuel tank capacity, filling a tank with 92 octane gasoline after March 23 will cost an additional 80 yuan. If international crude oil prices continue to rise in the next few days, the final increase in retail gasoline prices may be even higher.