international oil price shocks downward. Is expected toOil price shocks to keep a downward pattern

Development and Reform Commission revealed yesterday swtor power leveling, according to September oil refining industry profits the old republic power leveling, profits of about $ 400 million. 　　However by the refining industry affected by the overall impact of high crude oil prices for the year, in September before a net loss of $ 1.17 billion. Losing money after 4 months of profit for the first time yesterday, China Petroleum and chemical industry Federation (Federation of petrochemical) also disclose, which is the refining plate evenContinued 4 months after the loss of earnings for the first time. 　　According to the refining industry development and Reform Commission has previously disclosed according to the refining industry 7.2 billion yuan in profits in the first half, then July one-month loss of $ 4.8 billion, in addition in August before refining industry losses of $ 1.84 billion, which could calculate that the August monthly amount to $ 4.24 billion. Development and Reform Commission tableAs shown in the "May refining industry from profits to losses, year highs out June 7 August losses had eased. 　　"This can determine, oil refining industry May run into losses, but at present profit situation has continued to hold up well. Guosen securities yesterday also reported in the third quarter, under the influence of factors such as the European and American debt crises, international oil price shocks downward. Is expected toOil price shocks to keep a downward pattern, refining margins will continue to improve. 　　24th WTI oil prices close 95.85 USD, a figure that has more than $ than the May prices fell by nearly 20 dollars. 　　Other refinery 63.33 billion profit? From the perspective of development and Reform Commission disclosure of data, in September before refining industry as a whole a net loss of $ 1.17 billion, whichWith two major oil companies in September before a data refinery losses 64.5 billion worth of huge amounts of data is very different from. Prior to this, PetroChina and Sinopec reported, the first three quarter refining losses reached $ 41.5 billion and $ 23.09 billion for a total of $ 64.5 billion. 　　Industry-wide loss is the loss of two major oil companies only 1.8%. It is understood that the development and Reform Commission dataFrom the Statistical Office, for a data gap is so great, Petrochemical Association appeals against reporters, apparently other refiners ' hedge earnings of two major oil companies refining losses. He said that refineries in the country more than more than 340, although two major oil company refinery losses, but some local refineries remained profitable, so a whole industry-wide lossesIs very low. 　　On this statement, have expressed doubts the industry, saying the two major oil company refinery in September before huge losses $ 64.5 billion, and $ 1.17 billion industry-wide losses only, at that rate, other refineries should first 9-month earnings amounted to $ 63.33 billion, the result is a bit hard to believe. Yesterday, reporters asked the national development and Reform Commission on this issue, at the time the closing is notBe replied. 　　And the industry also means that, for refining Enterprise profitability throughout, it is difficult to have a comprehensive set of statistics. Explain refinery construction flexible production result in profit for refining profits, while the two loss-making weird like, Petrochemical Association of people concerned believe that when a loss occurs in oil refining, the two major oil companies even if lossesTo sustainable production, while local refineries are more flexible and can arrange production according to market circumstances, earnings and more time to produce losses when produced, it can be profitable. Explain two low cost lead smelting profit CBI analyst Liao Kaishun analysis, smelting raw materials with the exception of two major oil companies outside the internal redeployment of a small amount of crude oil, mainlyImport of fuel oil, as well as poor quality diesel, costs are relatively lower, so most refineries to be able to profit, total profit might be better. Explain 32 single large clamping enterprise data loss issues in this regard, also quoted market analysts believe that the losses are the two major oil companies themselves "do" from the company to higher crude oil prices recorded do naturalOil refining plate caused by losses. However this claim with some in the industry is not authorized, and said domestic crude oil prices would have to achieve and international synchronization, it is common knowledge that, even if it is their own business must also be settled according to international oil prices.　　 (Zhong Jingjing) ()