油气ETF汇添富（159309）业绩比较基准为中证油气资源指数收益率，管理人为汇添富基金管理股份有 限公司，基金经理为晏阳，成立（2024-05-31）以来回报为37.83%，近一个月回报为19.76%。 2月5日，油气ETF汇添富（159309）开盘跌0.14%，报1.378元。油气ETF汇添富（159309）重仓股方 面，中国石油开盘涨0.47%，中国海油涨0.97%，中国石化涨0.15%，杰瑞股份跌1.45%，招商轮船涨 0.00%，广汇能源跌0.89%，中远海能跌0.42%，洲际油气涨0.41%，海油工程跌0.30%，招商南油跌 0.27%。 来源：新浪基金∞工作室 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 ...

Core Insights - The "2026 China Oil and Gas Engineering Technology Exchange Conference and New Technology and Achievement Exhibition" will be held in Chengdu from April 15 to 17, aiming to gather global oil and gas elites for industry innovation and breakthroughs [1][2] Group 1: Conference Overview - The conference will feature a high-level international exchange platform with participation from major domestic oil and gas groups such as China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec), and China National Offshore Oil Corporation (CNOOC), alongside international giants like ExxonMobil, Shell, BP, and Total [1][2] - The core theme of the conference is "Creating Oil and Gas Engineering Technology Tools to Promote High-Quality Development of Oil and Gas Exploration and Development," focusing on innovative breakthroughs in core engineering technologies [1][2] Group 2: Conference Structure - The conference will consist of an opening ceremony, invited reports, technical forums, and achievement displays, with domestic and international experts sharing insights on the latest technological advancements and industry trends [2] - Technical forums will cover five specialized topics, including intelligent drilling and completion technology, geophysical exploration, reservoir fracturing, deepwater unconventional oil and gas engineering, and well control safety [2] Group 3: Objectives and Impact - The conference aims to bridge the gap between industry, academia, and research, enhancing the international competitiveness of China's oil and gas engineering technology and promoting the independent upgrading of domestic equipment and processes [3] - The event is expected to foster industry consensus and promote technological collaboration, providing strong support for the high-quality development of the oil and gas engineering sector [2][3]

美国能源信息署（EIA）指出，由于严寒天气冲击的缘故，美国石油库存降幅创2016年以来（同期）最大。美国上周EIA原油库存下降345.5万桶，分析师预 期减少47.483万桶，之前一周下降229.5万桶。美国石油协会（API）此前发布的行业版数据显示，美国上周API原油库存锐减1107.9万桶。 今日（2.5），市场情绪波动加剧，油气板块回调。油气ETF汇添富(159309)跌近3%，盘中成交额已超2600万元。资金持续涌入，近5日有4日获资金青睐，5 日"吸金"近3亿元！ 消息面上，当地时间2月2日，美高层表示，作为加大对古巴限制行动的一部分，墨西哥将停止向古巴输送石油。美高层指出，"墨西哥将停止向他们输送石 油"，但未进一步说明其作出这一判断的具体依据。墨西哥尚未就相关表态立即作出回应。 【机构：石油市场的第一个供给侧预期差机会】 中金公司指出，地缘局势的预期差为原油供应风险溢价带来重估机会。2025年以来石油市场供应过剩的一致预期背后，隐含了对地缘供应受损有限和 OPEC+提供增产缓冲的共识判断，而这二者其实都与美高层的对外政策有关。因而在美国抗通胀的宏观叙事之中，原油价格下跌似乎成为一个必然的剧本 走 ...

Group 1 - The oil and gas ETF Huatai Fuhua (159309) experienced a decline of 2.83%, closing at 1.341 yuan with a trading volume of 26.056 million yuan [1] - Major holdings in the ETF showed mixed performance, with China National Petroleum down 1.42%, China National Offshore Oil Corporation down 1.12%, and Sinopec down 1.69%, while Intercontinental Oil & Gas rose by 4.07% [1] - The ETF's performance benchmark is the CSI Oil and Gas Resource Index return rate, managed by Huatai Fuhua Fund Management Co., Ltd., with a return of 37.83% since its inception on May 31, 2024, and a return of 19.76% over the past month [1]

Core Insights - The "2025 Hurun China 500" report highlights TSMC as the highest-valued private enterprise in China, with a valuation increase of 3.5 trillion RMB, reaching 10.5 trillion RMB [1][4] - Tencent follows as the second highest, with a valuation growth of 1.9 trillion RMB, totaling 5.3 trillion RMB [1][4] - ByteDance ranks third, increasing its value by 1.8 trillion RMB to 3.4 trillion RMB [1][4] - Xiaomi enters the top ten for the first time, with a valuation increase of 357 billion RMB, reaching 1 trillion RMB [1][4] Top Ten Private Enterprises - TSMC: Valuation of 105,000 million RMB, growth of 50% [2][5] - Tencent: Valuation of 53,300 million RMB, growth of 56% [2][5] - ByteDance: Valuation of 34,000 million RMB, growth of 109% [2][5] - Alibaba: Valuation of 27,000 million RMB, growth of 75% [2][5] - CATL: Valuation of 18,600 million RMB, growth of 59% [2][5] - Pinduoduo: Valuation of 13,200 million RMB, growth of 16% [2][5] - Ping An Insurance: Valuation of 10,500 million RMB, decline of 15% [2][5] - Xiaomi: Valuation of 10,000 million RMB, growth of 56% [2][5] - BYD: Valuation of 8,720 million RMB, growth of 10% [2][5] - Huawei: Valuation of 8,500 million RMB, growth of 25% [2][5] Top Ten State-Owned Enterprises - Agricultural Bank: Valuation of 202,000 million RMB [3][6] - Industrial and Commercial Bank: Valuation of 274,000 million RMB [3][6] - State Grid: Valuation of 266,000 million RMB [3][6] - China National Railway Group: Valuation of 224,000 million RMB [3][6] - China Construction Bank: Valuation of 203,000 million RMB [3][6] - Kweichow Moutai: Valuation of 182,000 million RMB [3][6] - China Petroleum: Valuation of 176,000 million RMB [3][6] - Bank of China: Valuation of 170,000 million RMB [3][6] - China Mobile: Valuation of 175,000 million RMB [3][6] - CITIC Group: Valuation of 156,000 million RMB [3][6]

西部证券认为，2026年全球油价有望大涨，带动化工品涨价重估，大炼化板块将复制有色板块的上涨路 径，且由于其位置更低、启动更晚，未来的上涨空间或将更大。 易方达中证石化产业ETF联接C(020105.OF) 相关产品： 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com 截至10：05，中证石化产业指数（H11057）跌1.2%，权重股中，万华化学跌0.8%，中国石油跌1.52%， 中国石化跌1.38%，盐湖股份跌2.98%，中国海油跌1.03%，藏格矿业跌3.22%，恒力石化跌1.61%，华鲁 恒升跌1.48%，宝丰能源跌0.13%。截至2月4日，该指数近一年上涨45.87%。 化工行业ETF易方达（516570）覆盖"三桶油"，一键打包石化产业龙头，管理费率+托管费率合计仅 0.2%/年，助力投资者低成本布局传统能源产业机会。 化工行业ETF易方达（516570）跟踪中证石化产业指数，备受资金青睐。数据显 ...

来源：新浪证券-红岸工作室 分红方面，中国石油A股上市后累计派现8752.80亿元。近三年，累计派现2470.78亿元。 机构持仓方面，截止2025年9月30日，中国石油十大流通股东中，中国证券金融股份有限公司位居第四 大流通股东，持股10.20亿股，持股数量较上期不变。香港中央结算有限公司位居第五大流通股东，持 股5.21亿股，相比上期减少3.36亿股。华夏上证50ETF（510050）位居第七大流通股东，持股2.16亿 股，相比上期减少586.44万股。华泰柏瑞沪深300ETF（510300）位居第十大流通股东，持股1.93亿股， 相比上期减少955.40万股。易方达上证50增强A（110003）退出十大流通股东之列。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 2月4日，中国石油涨0.86%，成交额19.20亿元。两融数据显示，当日中国石油获融资买入额1.99亿元， 融资偿还1.46亿元，融资净买入5261.72万元。截至2 ...

2026年1月底，因为路透社的消息显示，我国石油企业中石油已经要求暂停购买或者交易委内瑞拉原 油。显然，中国出手的对象不是委内瑞拉，而是把油能不能进中国市场，当作战略筹码的美国算计。 起因要追溯到美国试图接管委内瑞拉石油出口许可的那套"卖油换规则"的操作。 他们想玩"资源代理人"的老把戏，一边施压委内瑞拉听从指挥，一边想拉中国背书新价格体系。目标很 清楚，用委原油填补市场，同时借机坐上话语权主位。 不好意思，中国根本不陪这场戏。 阅读须知：本文内容所有信息和数据，均为作者查阅官方信息和网络已知数据整合解析，旨 在让读者更清晰了解相应信息，如有数据错误或观点有误，请文明评论，作者积极改正！ （创作不易，一篇文章需要作者查阅多方资料，整合分析、总结，望大家理解。） 这不是一场石油买卖那么简单，这是一次对全球资源话语权的正面较量。 而中国这次，没有闪躲，没有妥协，干脆利落地打出一记"禁令牌"。 船不靠岸，合同不推进，资金不流转。看到这一步，特朗普的脸变了，话风也猛地一拐。 这到底发生了什么？ 中国拒绝为"单方面设定、没有共识的价格和契约体系"站台，更不会在美方主导的清算体系里当角色球 员。 结果，画虎不成反类犬。美 ...

Core Insights - In 2025, central enterprises registered an average of over one new energy storage company daily, totaling 392 companies with a registered capital exceeding 50 billion [1] - The collective action of state-owned enterprises (SOEs) reflects a strategic move not just to meet carbon neutrality goals but to assert control over the future energy system [1][2] Group 1: Strategic Moves by Central Enterprises - The establishment of a joint venture between China National Petroleum Corporation and CATL to produce energy storage systems signifies a deeper logic: the competition is for discourse power in the energy transition era, not merely market share [2] - Traditional energy companies face an identity crisis as power generation shifts from traditional plants to distributed energy sources, making control over energy storage crucial for maintaining operational authority [2] - The formation of 54 subsidiaries by the State Grid in the energy storage sector is a strategic move to reinforce its core position amid the trend of grid intelligence [2][3] Group 2: Investment Strategies and Market Dynamics - Two contrasting capital strategies are evident among central enterprises: significant investments in core strategic areas and smaller, exploratory investments in emerging markets [3] - Major investments, such as the 1 billion yuan registered capital of China Yajiang Group's new energy company, signal a shift of energy storage from a trial business to a core strategic focus [3] - Conversely, smaller subsidiaries with registered capital as low as 100,000 yuan are being established to test the waters in regions like Xinjiang and Gansu, reflecting a cautious approach to market entry [3] Group 3: Challenges and Market Structure - Despite the rapid expansion of energy storage projects led by central enterprises, there are underlying profitability challenges, as many projects rely on bundled development rather than independent market operations [5][6] - The geographical concentration of these projects, particularly in Hebei, Xinjiang, and Shandong, indicates a strategic alignment with local resource endowments and policy support [5] - The current focus on electrochemical storage technologies raises concerns about the lack of diversification in technological pathways, which could hinder the long-term health of the energy storage industry [6] Group 4: Future Implications - The competitive landscape is shifting, with central enterprises reshaping the power structure of the energy storage industry, compelling private companies to reconsider their roles [6] - The success or failure of the 392 newly registered companies will significantly influence the future power dynamics of China's energy system [6] - The transition from traditional energy systems to new power systems is critical, and the ongoing competition in energy storage represents a pivotal battle in this transformation [6]

Core Insights - The reports highlight that the global oil and gas industry is entering a period of profound transformation by 2025, characterized by intensified turmoil, system restructuring, and a reconfiguration of the landscape due to geopolitical conflicts, economic restructuring, and energy transition [1][2] Group 1: Global Oil and Gas Industry Trends - The global oil and gas sector is facing a complex "new situation" with increasing volatility and a reshaped framework, driven by intertwined geopolitical conflicts and economic changes [1] - By 2026, the global economy is expected to exhibit "low growth, high differentiation, and increased turmoil," posing severe challenges to global energy security and market stability [1] - The oil market is anticipated to shift from a tight balance to a state of oversupply, with Brent crude prices projected to range from $60 to $65 per barrel under normal conditions, and potentially rise to $70 to $75 per barrel amid geopolitical tensions [3] Group 2: China's Oil and Gas Industry Developments - China's oil and gas industry is demonstrating strategic confidence and resilience, aiming for progress while maintaining stability, with a focus on achieving the goals set for the 14th Five-Year Plan [1][4] - By 2025, China's energy self-sufficiency is projected to reach 84.4%, with non-fossil energy consumption accounting for 21.8% of total energy use, and this is expected to rise to over 23% by 2026 [4] - Oil and gas production in China is set to reach a historical high of 420 million tons of oil equivalent by 2025, with crude oil production expected to stabilize at 200 million tons in 2026 [4][5] Group 3: Energy Security and Policy Implications - The global energy security landscape is becoming increasingly complex, with the report indicating that while fossil energy remains relatively secure, the risks associated with electricity supply are rising [6] - The report calls for a more inclusive and cooperative approach to energy security, emphasizing the need for multilateralism and practical collaboration across various sectors, including energy investment and climate governance [6] - China's energy security situation is improving, marking a new phase in its journey towards becoming an energy powerhouse [6]