天眼查资料显示，中国石油天然气股份有限公司，成立于1999年，位于北京市，是一家以从事石油和天 然气开采业为主的企业。企业注册资本18302097万人民币。通过天眼查大数据分析，中国石油天然气股 份有限公司共对外投资了1293家企业，参与招投标项目443次，财产线索方面有商标信息38条，专利信 息5000条，此外企业还拥有行政许可168个。 国家知识产权局信息显示，中国石油天然气股份有限公司取得一项名为"一种薄互层型页岩油的缝高穿 层评价方法及系统"的专利，授权公告号CN 119616487 B，申请日期为2023年9月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 ...

智通财经APP讯，中国石油化工股份(00386)发布公告，于2025年11月25日该公司斥资116.24万港元回购 26.6万股，回购价格为每股4.37港元。 ...

Core Viewpoint - The retail prices of gasoline and diesel in Changchun have been adjusted downward, effective from November 25, with reductions ranging from 0.05 to 0.07 yuan per liter [1] Price Adjustments - The price of 92 ethanol gasoline has been adjusted from 6.91 yuan per liter to 6.85 yuan per liter, a decrease of 0.06 yuan per liter [1] - The price of 95 ethanol gasoline has been adjusted from 7.45 yuan per liter to 7.39 yuan per liter, a decrease of 0.06 yuan per liter [1] - The price of CN98 gasoline has been adjusted from 8.12 yuan per liter to 8.05 yuan per liter, a decrease of 0.07 yuan per liter [1] - The price of +5 diesel has been adjusted from 6.34 yuan per liter to 6.28 yuan per liter, a decrease of 0.06 yuan per liter [1] - The price of 0 diesel has been adjusted from 6.50 yuan per liter to 6.45 yuan per liter, a decrease of 0.05 yuan per liter [1] - The price of -10 diesel has been adjusted from 6.86 yuan per liter to 6.80 yuan per liter, a decrease of 0.06 yuan per liter [1]

来源：市场资讯 有投资者在互动平台向朗坤科技提问："公司的第一大客户是中国石油，我看到新闻该公司未来将扩产 10万吨/年可持续航空燃料（SAF）项目，公司有供货这些项目吗？" 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 针对上述提问，朗坤科技回应称："尊敬的投资者，您好！目前，关于中国石油 10 万吨 / 年可持续航空 燃料（SAF）项目，公司暂未与对方就该项目达成供货合作。感谢您的关注！" ...

Core Viewpoint - The company has not yet established a supply cooperation with China National Petroleum Corporation (CNPC) regarding its sustainable aviation fuel (SAF) project, which aims to expand production by 100,000 tons per year [1] Group 1 - The company's largest client is China National Petroleum Corporation [1] - CNPC plans to expand its sustainable aviation fuel (SAF) project by 100,000 tons per year [1] - The company has not reached a supply agreement for the SAF project with CNPC [1]

Core Viewpoint - As of November 24, 2025, China Petroleum (601857) closed at 9.78 yuan, down 2.49%, with a trading volume of 2.428 million hands and a transaction amount of 2.383 billion yuan [1] Financial Performance - For the first three quarters of 2025, China Petroleum reported a main revenue of 2.169 trillion yuan, a year-on-year decrease of 3.92%, and a net profit attributable to shareholders of 126.279 billion yuan, down 4.9% year-on-year [5] - In Q3 2025, the company achieved a single-quarter main revenue of 719.157 billion yuan, an increase of 2.34% year-on-year, while the net profit attributable to shareholders was 42.286 billion yuan, down 3.86% year-on-year [5] - The company's gross profit margin stood at 21.09%, with a net profit margin of 6.46% [5] Market Activity - On November 24, 2025, the net outflow of main funds was 352 million yuan, accounting for 14.75% of the total transaction amount, while retail investors saw a net inflow of 226 million yuan, accounting for 9.47% [1][2] - Over the past five days, the stock has experienced fluctuations in fund flows, with notable net inflows and outflows from different investor categories [2] Financing and Margin Trading - On November 24, 2025, the financing balance was 20.63 billion yuan, with a net repayment of 52.35 million yuan [3] - The margin trading balance stood at 20.82 billion yuan, indicating active trading behavior among investors [3] Industry Comparison - China Petroleum's total market capitalization is 1.78995 trillion yuan, significantly higher than the industry average of 209.888 billion yuan [5] - The company ranks favorably in several key financial metrics, including a price-to-earnings ratio of 10.63, compared to the industry average of 32.94, and a return on equity (ROE) of 8.1%, well above the industry average of 1.3% [5] Analyst Ratings - In the last 90 days, 15 institutions have rated the stock, with 14 buy ratings and 1 hold rating, indicating a positive outlook among analysts [6]

于同日，注销8934.95万股已回购股份。 中国石油化工股份(00386)发布公告，该公司于2025年11月24日斥资1778.61万港元回购405.4万股股份， 每股回购价格为4.37-4.45港元。 ...

中国石油化工股份回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.11.24 | 405.40 | 4.450 | 4.370 | 1778.61 | | 2025.11.21 | 825.00 | 4.560 | 4.420 | 3677.77 | | 2025.11.20 | 800.00 | 4.600 | 4.550 | 3658.40 | | 2025.11.19 | 609.20 | 4.640 | 4.440 | 2775.64 | | 2025.11.18 | 553.20 | 4.480 | 4.420 | 2453.55 | | 2025.11.17 | 378.80 | 4.440 | 4.390 | 1673.84 | | 2025.11.14 | 674.00 | 4.450 | 4.400 | 2982.11 | | 2025.11.13 | 346.80 | 4.450 | 4.390 | 1530.39 | | 2025.11.12 ...

Core Viewpoint - The ongoing drone attacks by Ukraine on Russian energy infrastructure have significantly impacted Russia's refining capacity, leading to a surge in global oil product prices and creating new opportunities for China's oil product exports and sulfur industry [1][4][10]. Group 1: Impact on Russian Refining Capacity - Since November 2025, Ukraine has conducted multiple drone strikes targeting key Russian refineries, including Ryazan, Samara, and Volgograd, resulting in a 6% decrease in overall Russian refining output [1]. - The Ryazan refinery, one of Russia's four major refineries with an annual processing capacity of 13.1 million tons (340,000 barrels per day), suffered damage to its distillation units and fuel storage tanks [1]. - The Volgograd refinery, with an annual capacity of 15.7 million tons, has faced multiple shutdowns due to these attacks, further exacerbating the decline in Russian refining capacity [1]. Group 2: Global Oil Product Price Surge - The reduction in Russian refining capacity has led to a significant increase in overseas oil product crack spreads, with the 3-2-1 crack spread reaching $32.13 per barrel, the highest level since March 2024, reflecting a more than 30% increase from October's average [2]. - Diesel prices have seen the most substantial rise among oil products, indicating a high-profit cycle for the refining industry [2]. Group 3: Sulfur Market Dynamics - The attacks have also disrupted sulfur production, as Russia is the second-largest sulfur producer globally, accounting for 15%-20% of the world's supply [4]. - Domestic sulfur prices have surged, with the port spot index reaching 3,990 yuan per ton in late November, marking an increase of over 1,000 yuan per ton in just over a month and a rise of approximately 2,500 yuan per ton since the beginning of the year [4]. - Forecasts suggest that sulfur prices may exceed 5,000 yuan per ton in 2026 due to a tight supply-demand balance [4]. Group 4: Opportunities for Chinese Companies - The international supply gap has created a favorable window for China's oil product exports, with a total export quota of 40.195 million tons for 2025 [7]. - Major state-owned enterprises dominate China's oil product export market, with Sinopec and PetroChina holding significant shares [7]. - The sulfur industry in China is experiencing a dual benefit of rising prices and increasing demand, particularly due to the growth in the new energy sector and solid-state battery technology [7][8]. Group 5: Market Position of Leading Companies - China's total sulfur production capacity is approximately 16.8 million tons per year, with Sinopec, PetroChina, and Rongsheng Petrochemical being the top three producers, collectively holding over 70% of the market share [8][10]. - A price increase of 100 yuan in sulfur can lead to significant profit gains for leading companies, indicating a positive outlook for profitability in the current high-demand environment [8].

Core Points - The price of gasoline and diesel in Harbin will be adjusted starting from November 25, with specific reductions announced for various fuel types [1][2] Price Adjustments - The price of 92-octane gasoline will decrease by 0.05 yuan per liter, from 6.96 yuan to 6.91 yuan [2] - The price of 95-octane gasoline will decrease by 0.06 yuan per liter, now priced at 7.37 yuan [2] - The price of 98-octane gasoline will decrease by 0.07 yuan per liter, now priced at 8.36 yuan [2] - The price of 0 diesel will decrease by 0.05 yuan per liter, now priced at 6.38 yuan [2] - The price of -35 diesel will decrease by 0.06 yuan per liter, now priced at 7.32 yuan [2]