特朗普表示，美国石油公司将投入数十亿美元，修复委内瑞拉破败的能源基础设施，让该国油气产业"重回昔日荣光"。 雪佛龙在全球大型石油公司中，被认为最有条件第一时间从"美国更广泛进入全球最大原油储量国"中获益。该公司在本世纪初委内瑞拉没 收外资油气资产后仍选择留在当地。根据国际仲裁裁决，康菲目前被委内瑞拉拖欠超过80亿美元，埃克森美孚则仍有约10亿美元的资产国 有化相关赔偿未收回。 【导读】美国石油股暴涨，马杜罗现身 中国基金报记者 泰勒 美股石油股，果然暴涨。 美股石油板块暴涨 1月5日晚间， 美军抓走委内瑞拉总统马杜罗及其夫人并将他们带离委内瑞拉， 且特朗普承诺美国石油企业将恢复该国原油产能后，能源相关股 票随之上涨。 雪佛龙作为目前唯一仍留在委内瑞拉的美国石油巨头，盘前上涨超6%。涨幅居前的还包括康菲和埃克森美孚——这两家公司在近20年前， 在马杜罗前任将其资产国有化后已撤出委内瑞拉。油服板块同样走强，例如SLB（斯伦贝谢）和贝克休斯（Baker Hughes）等。 埃克森美孚CEO达伦·伍兹在11月的一次采访中表示，公司会评估委内瑞拉的潜在机会，但会保持谨慎，因为其在当地资产过去曾被征收。 分析师与交易员称 ...

Market Overview - US stock index futures showed mixed performance with Dow futures down 0.08%, S&P 500 futures up 0.25%, and Nasdaq futures up 0.63% [1] - European indices also saw gains, with Germany's DAX up 0.68%, UK's FTSE 100 up 0.18%, France's CAC40 up 0.16%, and the Euro Stoxx 50 up 0.65% [2] Oil Market Dynamics - WTI crude oil rose by 0.63% to $57.68 per barrel, while Brent crude increased by 0.51% to $61.06 per barrel [3] - The arrest of Venezuelan President Maduro led to a drop in oil prices, alleviating inflation concerns and causing US Treasury yields to rise [4] - Goldman Sachs indicated that the short-term impact on oil prices from the Venezuelan situation is expected to be limited, but long-term production may increase, potentially putting pressure on global oil prices [6] Company-Specific News - Chevron (CVX.US) stock rose by 6% in pre-market trading following the US government's actions in Venezuela, which may lead to a relaxation of sanctions on Venezuelan oil [9] - Tesla (TSLA.US) faced challenges in the Chinese market, with a significant decline in annual shipments compared to 2024, losing its top position in the electric vehicle market to BYD [10] - Novo Nordisk (NVO.US) launched its oral weight loss drug Wegovy in the US, priced at $149 per month for self-paying patients, which could enhance its competitive position against Eli Lilly (LLY.US) [10] - L3Harris Technologies (LHX.US) is nearing a significant deal to sell 60% of its aerospace and propulsion business to AE Industrial Partners, focusing on national security technology [11] - Trump Media Technology Group (DJT.US) saw a surge in short positions following a merger announcement with TAE Technologies, valued at over $60 billion [12]

1. 1月5日(周一)美股盘前，美股三大股指期货涨跌不一。截至发稿，道指期货跌0.08%，标普500指数期货涨0.25%，纳指期货涨0.63%。 | ■ US 30 | 48,343.00 | 48,437.20 | 48,316.50 | -39.40 | -0.08% | | --- | --- | --- | --- | --- | --- | | ■ US 500 | 6,875.60 | 6,881.60 | 6,855.80 | +17.10 | +0.25% | | 트 US Tech 100 | 25,365.90 | 25,393.00 | 25,213.90 | +159.70 | +0.63% | 2. 截至发稿，德国DAX指数涨0.68%，英国富时100指数涨0.18%，法国CAC40指数涨0.16%，欧洲斯托克50指数涨0.65%。 | 3. 截至发稿，WTI原油涨0.63%，报57.68美元/桶。布伦特原油涨0.51%，报61.06美元/桶。 | | --- | | ■ WTI原油 | 2026年2月 | 57.68 | 57.75 | 56.32 | +0.36 | +0.63% ...

Core Viewpoint - The price of oil fell nearly 2% following the U.S. invasion of Venezuela and the capture of Nicolás Maduro, with traders believing this would not significantly impact oil prices in the short term [1] Group 1: Oil Market Dynamics - U.S. oil company stocks experienced significant increases, with Chevron up 7.82%, Halliburton up 8.45%, ConocoPhillips up 7.54%, and ExxonMobil up 3.95% in premarket trading [1] - Despite Venezuela's vast oil reserves, which account for about 17% of the world's total, its oil production has drastically declined by 75% from 2013 to 2020, now supplying less than 1% of daily global oil [3] - To fully exploit Venezuelan oil, U.S. companies would require strong guarantees against renationalization, the ability to commercialize discoveries, and freedom to explore the Orinoco oil belt, necessitating billions in investment and years of development [4] Group 2: Market Reactions and Trends - The overall market sentiment was positive, with S&P 500 futures up 0.29%, and significant gains in Asian and European markets, including a 2.97% rise in Japan's Nikkei 225 and a 3.43% increase in South Korea's KOSPI [5] - Following renewed threats from President Trump regarding Greenland, defense stocks saw a global uptick, with Rheinmetall up 7.4%, Saab AB up 5.75%, and Mitsubishi Heavy Industries up 8.39% [6] - The private sector is actively preparing for Venezuelan oil projects, with a former Chevron executive raising a $2 billion fund and plans for visits to Venezuela by industry leaders [7] Group 3: Currency and Investment Implications - The U.S. dollar experienced a modest increase, up 0.32% on the ICE U.S. Dollar Index, as the market reacted to the events in Venezuela, leading to a flight to quality assets like gold and the Swiss franc [8]

Group 1 - U.S. energy stocks surged in pre-market trading, with Halliburton and Schlumberger rising over 11%, and Chevron and ConocoPhillips increasing by over 7% [1][2] - The U.S. government has taken control of Venezuelan President Maduro and is expected to push for significant investments in Venezuela's oil resources, despite maintaining sanctions on Venezuelan oil [3][4] - Venezuela's oil exports have nearly dropped to zero due to U.S. sanctions, leading to a saturation of domestic storage facilities and a reduction in oil production [3][5] Group 2 - Venezuela has proven oil reserves exceeding 300 billion barrels, accounting for about 17% of global reserves, with an estimated value of $17 trillion at current WTI prices [4] - Chevron remains the only major U.S. oil company still operating in Venezuela, while other companies have exited due to U.S. sanctions [4][5] - The Venezuelan oil company has begun to reduce production and close some oil fields due to a lack of diluents for heavy oil, which has also affected joint ventures with foreign companies [5][6] Group 3 - The current situation in Venezuela shows significant economic distress, with many shops closed and limited availability of goods, particularly fresh produce [7][8] - Reports indicate that U.S. military actions in Venezuela have resulted in civilian casualties, raising concerns about the humanitarian impact of U.S. interventions [8][9] - President Trump has expressed intentions to gain full access to Venezuela's resources and has threatened military action against several countries, including Colombia and Iran, in relation to drug trafficking and regional stability [9][10]

目前，雪佛龙是唯一一家经美国特别许可、仍在这个南美国家开展业务的美国大型石油公司，其股价涨 幅一度达 10%。康菲石油与埃克森美孚的股价同样走高。 早在本世纪初委内瑞拉推行外国石油资产国有化后，雪佛龙便选择留守当地。在全球石油巨头中，该公 司处于最有利的位置，有望在美国加强对全球最大原油储备国控制权的过程中率先获益。国际仲裁机构 裁定，因 21 世纪初资产被委内瑞拉国有化，康菲石油被拖欠超 80 亿美元赔偿款，埃克森美孚的未获偿 金额也仍有约 10 亿美元。 不过，对于全球石油企业而言，在一个由美国支持的临时政府管控、且尚未建立完善法律与财政规则的 国家投入巨额资金，其意愿几何仍未可知。 来源：环球市场播报 美国总统唐纳德・特朗普称，美国于上周末扣押尼古拉斯・马杜罗后，计划 "接管" 委内瑞拉。受此消 息提振，美国石油企业股价在周一盘前交易中走高。 雪佛龙持有美国政府颁发的许可证，获准在这个受制裁的国家开展石油钻探与出口业务。即便特朗普政 府已对委内瑞拉实施部分海上封锁，该公司仍在持续运输石油，相关业务未中断。 分析师与交易员指出，委内瑞拉的核心石油基础设施要实现全面修复、原油出口恢复畅通，可能需要数 年时间 ...

美股能源股盘前走高，斯伦贝谢、哈利伯顿涨超10%，雪佛龙、康菲石油涨超8%，埃克森美孚涨超 3%。 (本文来自第一财经) 美股能源股盘前走高，斯伦贝谢、哈利伯顿涨超10%，雪佛龙、康菲石油涨超8%，埃克森美孚涨超 3%。 (本文来自第一财经) ...

文 / 高歌 特朗普在发言中并未指明美国哪些油气企业将前往委内瑞拉，从实际情况看，雪佛龙在委内瑞拉一直 保有业务。"其他美企如若重塑委内瑞拉石油产业链，则需先解决此前国有化和资产纠纷问题。"闫 建涛表示。 在供应过剩预期与需求疲软驱动下，短期地缘事件并未扭转价格走弱格局，国际与国内原油价格延续 下行趋势。 当地时间2026年1月3日，美国总统特朗普称，美方已成功对委内瑞拉实施打击，抓获委内瑞拉总统 马杜罗及其夫人，并带离委内瑞拉。他同时表示，美国大型石油公司将前往委内瑞拉，投入数十亿美 元，维修损坏严重的石油基础设施。 对此 ， 国际原油市场 表现平淡。 1月5日，国际油价低开，WTI原油期货周一亚市早盘低开1%，报56.76美元/桶；布伦特原油期货 价格一度下跌1.2%，至每桶60美元。 国内原油期货方面 ， 1月5日，上海国际能源交易中心（INE）原油主力合约（SC.INE）收盘报 421.70元/桶，较前一交易日下跌3.39%，日内持仓量增至34,256手，资金净流入约8.32亿元。当 日结算价为426.80元/桶，收盘价低于结算价，显示盘后市场情绪偏空。 委内瑞拉已探明储量约3030亿桶（占全球17% ...

分析人士指出，由于上周末委内瑞拉领导人马杜罗被美国抓获，为能源巨头雪佛龙扩大在该产油国的业 务奠定了基础。雪佛龙是目前唯一在委内瑞拉开展业务的美国大型石油公司，而该国在马杜罗及其前任 查韦斯执政期间，与华盛顿的关系多年来一直处于动荡之中。摩根大通分析师在致客户的报告中指出， 新政府领导下对雪佛龙运营限制的放宽，可能会推高委内瑞拉的石油产量。另一家可能从扩大委内瑞拉 业务中获益的美国能源公司是康菲石油。 | 代码 | 名称 | | 盘前涨跌幅 ∨ | | --- | --- | --- | --- | | COP | 康菲石油 | (0) | 8.73% | | CVX | 雪佛龙 | | 8.31% | | XOM | 埃克森美孚 | | 3.38% | | APA | 阿帕奇石油 | | 2.80% | | 代码 | 名称 | | 盘前涨跌幅 √ | | HAL | 哈里伯顿 | 0) | 10.14% | | SLB | 斯伦贝谢 | | 9.45% | | BKR | Baker Hughes | | 7.34% | 美股油气股盘前集体大涨，其中，哈里伯顿涨超10%，斯伦贝谢涨超9%，雪佛龙、康菲石油涨 ...

地缘政治紧张态势以不确定性溢价的形式渗透到国际政治经济运行之中 文｜《财经》特约撰稿人 金焱 发自华盛顿 编辑｜苏琦 贵金属在2025年走出历史级牛市行情，委内瑞拉局势在2026年伊始的陡然升级，新的地缘政治风险使投 资者迅速涌向贵金属寻求避险，推动黄金和白银价格扭转此前跌势。2025年国际原油市场整体承压，油 价在全年交易中持续走弱，布伦特原油和美原油累计跌幅均接近20%，创下自2020年以来的最大年度跌 幅。布伦特原油已连续第三年下跌，形成有记录以来持续时间最长的年度连跌周期。 白宫已要求美国各大石油公司对委内瑞拉大量投资，修复委内瑞拉原油开采基础设施。据美媒报道，美 国官员最近数周告诉美国石油企业高管，如果他们"希望就被委内瑞拉政府没收的钻井平台、管道及其 他财产获得赔偿，就必须准备好现在重返委内瑞拉并大规模投资，振兴其遭重创的石油产业"。业内人 士对政府这一要求持审慎态度，他们担心重建委内瑞拉破败的油田前景不明，而且未来一段时间内委内 瑞拉政局也不明朗。 尽管美国总统特朗普押注委内瑞拉的石油，但短期内原油供应风险方向尚不明朗。莱斯大学贝克公共政 策研究所拉美能源政策主任弗朗西斯科·莫纳尔迪（Franc ...