自上一次成品油零售价格下调后，国内批发市场价格持续呈现反弹态势。7月20日，0#柴油全国均价为7605元/吨，较一周前上涨145元/吨，93#国Ⅲ汽油全国均价8889元/吨，较一周前上涨65元/吨。

Since the last time oil prices after retail cut，Domestic wholesale market prices continue to present rebound。July 20,，0 # diesel the national average for 7605 yuan/ton，A week ago is up 145 yuan/ton，# 93 countries Ⅲ gasoline the national average 8889 yuan/ton，A week ago is up 65 yuan/ton。

　　上周，国际油价持续上涨，布伦特期货上周五收盘106.83美元/桶，净涨3.28美元/桶。国际油价涨势继续推高国内看涨气氛，市场买涨情绪增加，助推国内汽柴油批发价格涨势亦有所放大。

Last week，The international oil prices continue to rise，Brent futures finished Friday $106.83 / barrel，Net up 3.28 dollars a barrel。International crude-oil prices continue to push the high domestic bullish atmosphere，The market to buy up emotional increase，Boost domestic gasoline and diesel wholesale price increases also have enlarged。

　　截至7月23日，三地原油加权平均变化率为1.91%，较一周前上涨了1.39个百分点。根据现行定价机制测算，如果后期国际布伦特原油期货价格能够持稳在102美元/桶或以上，8月10日国内成品油零售价格上调窗口将能开启，如调价兑现，这将是国内今年第六次成品油价格调整。

By July 23,，The weighted average rate in the three places crude oil is 1.91%，A rising 1.39% a week ago。According to the current pricing mechanism estimates，If later international brent crude oil prices steady to $102 per barrel or above，August 10, domestic product oil retail price rise will be able to open the window，Such as refiners to cash，This will be the sixth time this year the domestic product prices adjustments。

　　但近两日国际原油价格重回跌势，势必对国内市场信心形成打压，如后期缺乏利好，反弹乏力或继续下跌，国内市场价格持续上涨动力将消失，毕竟目前市场总体供需基础面仍然相对疲软。

But nearly two th international crude oil prices to return to break，Members of the domestic market confidence form suppressed，Such as lack of late positive news，Rebound fatigue or continue to fall，The domestic market prices kept rising power will disappear，After all, at present the market supply and demand and the overall based a weaker still face。

　　息旺能源分析认为，终端实际需求继续平稳为主，7-8月份是柴油需求传统消费淡季，而今年国内经济放缓仍然对终端需求形成较大利空，柴油下游主要行业包括工矿、基建、货运及建筑等行业的刚性需求仍然相对低迷。汽油方面，夏季需求逐步体现，加油站销售有一定带动，而国家下调价格后大多省份回归“六元时代”，部分油气两用的私家车或出租车重新开始恢复加油，也催生了部分汽油需求。

Excess energy analysis that interest，Terminal actual demand continue to smooth primarily，7-August diesel consumption demand is traditional off-season，This year the domestic economic slowdown to end still needs formed bigger write-downs，The main industries include industrial diesel downstream、infrastructure、Freight and construction industries rigid demand remains relatively low。Gasoline aspects，Summer demand gradually reflect，Gas station sales have certain drive，But the national cut prices most provinces after regression“Six yuan era”，Part of the oil and gas dual-use private cars or a taxi to begin to restore gas，Also generated some of the gasoline demand。

　　对加油站的监测数据显示，国家下调零售价格后，加油站汽柴油零售消耗情况均有呈增加之势。而加油站推出零售价格优惠的情况仍在继续，加油站汽柴油普遍优惠幅度在0.05-0.2元/升，汽油方面最高优惠达到0.5元/升。

The monitoring data of gas station show，National retail price cut，Gas station retail gasoline and diesel consumption has increased are overwhelming。And out of the retail price of the gas station situation continues，Gas station gasoline and diesel common the discount rate at 0.05-0.2 yuan/l，The highest discount in gasoline to 0.5 yuan/l。

　　库存方面，受近期看涨行情带动，国内社会商业库存开始触底反弹。（李阳丹）

Inventory of，By the recent bullish market drive，Domestic social business inventory began a touch on the rebound。（LiYangDan）