The profits of refined oil producers are largely affected by the price of crude oil on the international market, because most of the crude oil is purchased at the international market price
In recent years, with the continuous improvement of market prices in the international crude oil market, the operating costs of oil products producers have increased significantly, but the profits of oil products producers in a certain country have not decreased, but increased
The price of oil products in the country is determined according to market supply and demand. With the rise in the price of crude oil in the international market, the government provides corresponding subsidies to oil producers.