Oil prices may return to the era of 7 yuan.

According to the domestic refined oil price adjustment cycle arrangement, the 13th round of price adjustment window will be opened at 24:00 on July 3. There are currently only 3 remaining working days, and this pricing cycle has completed 70% of its progress. According to the People's Daily, the price drop in this round has continued to widen, with a continuous deepening for 6 days, from an initial decline of more than 40 cents to the current over 65 cents, and the significant downward trend is difficult to reverse. This Friday evening may welcome the first three consecutive oil price declines this year, also the fourth price reduction of the year. As of the current 7th working day calculation data: it is expected that gasoline will be reduced by 820 yuan/ton, and diesel will be reduced by 790 yuan/ton. Equivalent retail terminal unit price: it is expected that the price of No. 92 gasoline will drop by 0.66 yuan per liter, No. 95 gasoline will drop by 0.7 yuan per liter, and No. 0 diesel will drop by 0.68 yuan per liter. The first two rounds of price adjustments in June have already achieved two consecutive declines, with gasoline and diesel cumulatively reduced by 1040 yuan/ton and 1000 yuan/ton respectively, equivalent to a cumulative reduction of 0.84 to 0.89 yuan per liter. The price of No. 92 gasoline has fallen below 8 yuan, returning to the 7 yuan range. After the landing of this round of reductions, the national No. 95 gasoline may fall below 8 yuan, once again entering the era of 7 yuan.