China Financial Daily

Three major factors or to promote the rise in oil prices in 2011
The progress of economic recovery, the U.S. dollar exchange rate and the impact of supply and demand are three factors, which influence future trend of international crude oil prices in 2011. Analysts predict oil prices is likely to reach 100 dollars a barrel again next year. Fatih Birol, chief economist at the International Energy Agency said this, “low oil” era is over.

“Time window” to the oil prices did not rise today,
Real-time monitoring of international oil prices, interest rates the latest monitoring results indicate that the energy-wang, to July 27 as the reference date, as of August 25, Brent, Dubai, Cinta three weighted average price of crude oil moved in 22 consecutive working days The rate of change within the 10.94% already.

Market Development and Reform Commission is expected to increase product prices in today’s “event of breaking appointment” the Development and Reform Commission Web site at 12:00 on the 27th did not hang out before the price adjustment notice – despite the “22 working days” and “more than 4% volatility,” This the premise of two price adjustment have been met.

Real-time monitoring of international oil prices, interest rates the latest monitoring results indicate that the energy-wang, to July 27 as the reference date, as of August 25, Brent, Dubai, Cinta three weighted average price of crude oil moved in 22 consecutive working days The rate of change within the 10.94% already.

However, the market still have the expected oil prices, that price adjustment is no longer a transfer and non-transfer of the game, but the tone early and late adjustment options.

Market price adjustment is expected to Xishou

Reporter learned yesterday from multi-day afternoon, Hebei, China National Petroleum Company has been the wholesale price of oil rose to the highest point (the last price adjustment cap), some regions appear to stop the wholesale export situation. The industry believes that this is relevant in the “wait for” the prices of Development and Reform Commission approval.