The international crude oil price has been fluctuating and declining recently, and the half year increase has been recouped. Affected by this, the domestic gasoline and diesel prices will soon appear the first “four consecutive falls” since 2019< Br > < div class = "height" > < / div > the news learned from a number of commodity information institutions that at 24:00 on August 9 (Tuesday), the retail price limit rate of refined oil will be further lowered. According to jinlianchuang’s calculation, as of August 8, the average price of reference crude oil varieties was 99.38 US dollars / barrel, with a change rate of – 1.64%, and the corresponding retail price of domestic gasoline and diesel should be reduced by 110 yuan / ton. Affected by inertia, the final reduction range is about 150 yuan / ton. According to the estimation of Zhongyu information, the reduction rate of this round is 120 yuan / ton< Br > < div class = "height" > < / div > according to the adjustment range of 110 yuan / ton, the price of gasoline and diesel may be reduced by about 0.08 yuan / liter. This is the first time that the oil price of finished products has been lowered for four consecutive times after the “five consecutive falls” at the end of 2018< Br > < div class = "height" > < / div > according to news statistics, since 2022, the retail price of domestic refined oil has experienced “ten rises and four falls”. After the rise and fall offset each other, the cumulative increase of gasoline and diesel was 1740 yuan / ton and 1675 yuan / ton respectively, and the price of 92 gasoline, 95 gasoline and 0 diesel increased by 1.37 yuan, 1.44 yuan and 1.42 yuan respectively. Take a family car with a fuel tank capacity of 50L as an example. After the implementation of the “four consecutive falls”, it will cost more than 40 yuan less to fill a tank of No. 92 gasoline than in the middle and late June< Br > < div class = "height" > < / div > according to the current product oil price mechanism, the domestic product oil price is adjusted every 10 working days according to the international market crude oil price (the average price of the 10 working days before the product oil price adjustment date). Since the current pricing cycle, the international crude oil futures prices have shown a trend of falling after rising. Last week, the weak manufacturing data in many countries triggered demand concerns. The unexpected increase in US crude oil and gasoline inventories, OPEC + decided to increase production and the market worried about the global economic recession pushed the international oil price down. However, the slight increase in production at the OPEC + oil producing countries meeting formed a certain support for the oil price< Br > < div class = "height" > < / div > as of the end of August 8, WTI crude oil futures for September delivery on the New York commodity futures exchange rose by US $1.75 to close at US $90.76 per barrel, or 1.97%; London Intercontinental Exchange Brent crude oil futures contract for October delivery rose US $1.73 to close at US $96.65 per barrel, or 1.82%. Although it closed higher on the same day, the two benchmark crude oil prices in the world have dropped back to the price level half a year ago< Br > < div class = "height" > < / div > Wang Shan, an analyst of jinlianchuang energy, believes that in the future, the crude oil market is still in the expectation of economic and demand decline, and the trend in the later period is under great pressure. It is expected that the new round of change rate may still operate in a negative range.