今年国际原油价格有哪些变化呢英语(国际原油价格上涨意味着什么)

2023-01-10 19:26:53 股票 xialuotejs

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Rising Oil Prices Effect on China's Economy

In the past month, the price of oil has continued to rise, breaking the US$35 per barrel mark and setting a 10-year high. Oil prices in China have also gone up, reaching US$32 per barrel. But just how big is the effect of the rise in oil prices on China's economy?

Experts in the industry feel that international oil prices are already starting to threaten the stability of China's national economy. But because China's level of dependence on international oil is still within the 20% warning mark, currently, the national economy will not feel much of an effect.

The Chinese petroleum industry has been the primary beneficiary of the large fluctuation in oil prices. In the first seven months of this year, China Petroleum and Natural Gas Group has already earned a profit of 29.1 billion yuan, a 4.4-fold increase compared to the same period last year.

Official statistics show that in 1999, China output of crude oil reached 160 billion tons and it imported 40 million tons of petroleum. This year's net import is expected to exceed this figure.

China Petroleum Group Economic and Technical Institute Assistant Head Engineer Zhou Ruohong said, the rise in oil prices has put a lot of pressure on the petrochemical industry. "We hope that the price of oil can keep at a suitable level," he said.

Zhou also said, the petrochemical industry is working very hard to decrease consumption of materials and management fees to cuts costs. At the same time, because China's crude oil prices and refined oil prices became linked with international prices in 1998 and May of this year respectively, the current domestic crude oil prices and refined oil prices have gone up with international prices. Thus, the pressure on the petrochemical industry has been alleviated to a certain extent.

China's aviation industry, one of the largest customers of oil, is also facing challenges. In the first half of this year, the entire aviation industry's cost expenditures increased by 1.27 billion yuan due to soaring oil prices. Oil costs took up a greater share of the airline companies' business costs, increasing from 22% to 31%.

"But the airlines do not plan to raise the prices of all air fare, we will strengthen management, eliminate new costs and raise efficiency," said Civil Air Administration of China finance department head Hai Liancheng.

The effect of the oil price increase on the agricultural, timber and fishing industry isn't very visible mainly because these industries labor costs are higher and machinery costs are lower. Moreover, China's peasant farmers' concept of costs isn't very strong.

China Petroleum and Natural Gas Group Economic and Information Research Center engineer Gong Jinshuang felt that the rise in oil prices does not help the overall development of the national economy. On one hand, it causes many industries' costs to go up and cuts into profits, driving away investments. On the other hand, it causes prices to rise, which restricts consumer demand, causing a recession.

"But these kinds of negatives effects aren't as serious as those in developed countries," Gong said. Petroleum only accounts for around 20% of China's energy consumption structure. Petroleum and other primary goods play a greater role in the national economy compared with developed countries.

China Energy Conference Secretary General Bao Yunqiao pointed out that it is normal to have "some companies rejoicing, some companies frowning" due to the soaring oil prices. But because the Chinese government has the ability to make adjustments in the national economy on a macroeconomic level, it can adapt to the fluctuations on the international markets to a certain extent.

From a long-term perspective, as the volume of China's net petroleum imports increases every year, some experts estimate that by 2010, China's net petroleum imports will reach 100 million tons, making China the country with the fastest growing demand for oil in the world. On the international market, petroleum is a highly speculative and monopolistic commodity, whose prices fluctuate wildly. Thus, China needs to research ways to deal with this problem.

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国际原油报价有哪些?

长期以来,国际市场原油交易形成了3种基准价格,即美国纽约商品交易所轻质低硫原油价格、英国伦敦国际石油交易所北海布伦特原油价格和阿联酋迪拜原油价格。

1、纽约商品交易所轻质低硫原油期货价格

纽约商品交易所轻质低硫原油品质较好,又被称为“西得克萨斯中质油”或“得克萨斯轻质甜油”,其价格是北美地区原油的基准价格,也是全球原油定价的基准价格之一。通常所说“纽约市场油价”就是指纽约商品交易所大致下一个月交货的轻质原油期货价格。

2、伦敦国际石油交易所北海布伦特原油期货价格

伦敦国际石油交易所北海布伦特原油也是一种轻质油,但品质低于纽约商品交易所轻质低硫原油。非洲、中东和欧洲地区所产原油在向西方国家供应时通常采用布伦特原油期货价格作为基准价格。通常所说“伦敦市场油价”就是指大致下一个月交货的伦敦国际石油交易所北海布伦特原油期货价格。

3、迪拜原油价格

迪拜原油是一种轻质酸性原油,产自阿联酋迪拜。迪拜油价在一般新闻报道中较少涉及。

今年国际原油价格有哪些变化呢英语(国际原油价格上涨意味着什么) 第1张

石油的价格将要上升的英文

石油的价格将要上升

全部释义和例句 The price of oil is going to rise.

石油的价格将要上升

全部释义和例句 The price of oil is going to rise.

石油的价格将要上升

全部释义和例句 The price of oil is going to rise.

最新原油变化率用英语怎么说

回答和翻译如下:

最新原油变化率。

The latest rate of change in crude oil.

请帮我把下面的文字译成英文,谢谢

Since last year, the international oil prices continue to rise. On February 26, the national development and reform commission, according to a report released on February 22, New York mercantile exchange (NYMEX) futures crude oil futures contract price in recent months to $101.32 a barrel, [1] and last January 18 compared to $49.9 a barrel doubled. International oil prices continue to run high, the global economy is day by day prominent negative impact. Our country is oil import country, no doubt, to our country economic impact will be bigger, therefore, how to deal with the international oil prices, is our country at present, we need to pay special attention to and solve the problem.

A, international oil prices cause analysis

(1) the international oil market demand stability. Mainly displays in the oil price rising, and oil demand not drop.

(2) the geopolitical influence on oil supply.

(3) the international petroleum market uncertainty factors affect the oil market price.

International oil prices continue to rise this year the main reason, is the international petroleum futures market or financial market arbitrage behavior. The current international oil price is not the oil supply and demand relations the equilibrium price, but by oil supply and demand relation restrict economic relationship "equilibrium price".

Second, the international oil prices to our country the influence of economy

In 1993, China has become a net importer of oil, 2003 for the first time in more than Japan to become the world's second largest oil consumer.

(1) cause price index rising.

2) causing production enterprise cost increase

(3) effect on our country's automobile

4) increase farmers and individual worker production cost. The development of the manufacturing industry

Third, to deal with the international oil prices in strategic thinking

Oil is the national economy's blood, it is a kind of strategic resources. China's economic sustainable development, to a great extent, is to have the security stable oil supply

1. Increase domestic petroleum resources exploration and development dynamics, to ensure that the basic oil supply

2. Active investment overseas petroleum exploration and development business, safeguard overseas oil imports

(3) to establish and perfect the petroleum reserve system, avoid the risk of oil supply

(4) to carry out international petroleum futures trading, avoid international oil price risk

5. To save energy, the development of new energy, and reduce dependence on oil

6. Strengthen petroleum price system reform, to set up to adapt to the international oil price fluctuations of the market mechanism