oil processing

With the promulgation of "Twelfth Five-Year Plan for Energy Conservation and Emission Reduction" and "Twelfth Five-Year Plan for the Development of National Strategic Emerging Industries", China has intensified the elimination of backward production capacity in the refining field. In the second half of the year, China will still seize the current favorable opportunity, speed up economic restructuring, control energy-intensive industries, and eliminate backward production capacity, which will curb the growth of fixed assets investment in the petroleum processing industry to some extent. It is estimated that the annual investment in fixed assets of refined oil manufacturing industry will be 200.05 billion yuan, up by 19.7% year-on-year, and the growth rate will drop by 1.0 percentage points compared with the first half of the year. Among them, the investment in the third quarter was about 60.04 billion yuan.

In the second half of the year, the economic growth of China's petroleum processing industry faced many uncertain and complicated factors, but it still maintained a stable operation trend, but the growth rate slowed down. It is estimated that the annual sales revenue of refined oil manufacturing industry will be 3.46 trillion yuan, up 2.6% year-on-year, and the growth rate will drop by 0.4 percentage points compared with the first half of the year. The total profit will maintain rapid growth, reaching 654.38+00.54 billion yuan.

In the third quarter, with the arrival of the peak oil consumption in summer, the demand for oil for industrial industries and people's daily life will pick up. The new formation mechanism of refined oil prices will make the changes of domestic refined oil prices closer to those of international oil prices, and enterprises can flexibly adjust their production plans at any time. It is estimated that in the third quarter, the sales revenue of refined oil manufacturing industry will increase month on month, reaching 886.29 billion yuan; The total profit will reach 2.76 billion yuan.