Finished oil: The production and sales ratio of refined gasoline and diesel in Shandong Province has both declined in the past week.

In the past week, the average sales ratio of gasoline vehicles produced in Shandong was 74%, a decrease of 9 percentage points from the previous week; the average sales ratio of diesel vehicles was 79%, a decrease of 13 percentage points from the previous week. Regarding gasoline, lacking support from holidays, residents primarily commute by car, leading to a lack of positive factors to boost gasoline demand. Terminal small-scale purchases and poor market transactions for gasoline vehicles. As for diesel, industries such as engineering construction and logistics provide essential support, but with limited incremental demand. In addition, the widespread impact of rainy weather affects diesel demand performance, leading to a decline in the market transactions of diesel vehicles in Shandong in the past week compared to the previous week.