利空来袭 OPEC+大幅增产！关税最新消息 美贸易代表：维持现状

Group 1 - The U.S. Trade Representative stated that the tariff policy will remain largely unchanged, with specific tariffs set for imports from Canada (35%), Brazil (50%), India (25%), and Switzerland (39%) [2] - Tariffs are established based on bilateral trade surpluses and deficits, and these rates are considered fixed [2] Group 2 - OPEC+ has decided to increase production by 547,000 barrels per day starting in September, with a total increase of 1.919 million barrels per day from April to August [4][5] - The decision to increase production comes despite previous voluntary cuts of 2.2 million barrels per day, which were extended until March 2025 [4] - Current oil prices are under pressure due to concerns over global energy demand, influenced by U.S. employment data and tariff policies [5][7] Group 3 - Global oil supply is increasing, with June production rising by 628,000 barrels per day compared to May, while demand also increased by 1.82 million barrels per day [6] - OECD commercial oil and petroleum product inventories decreased by 4.2 million barrels by the end of June, indicating a tightening supply situation [6] Group 4 - The macroeconomic environment is creating uncertainty in oil demand, with potential economic drag from U.S. tariff policies [7] - Despite being in a traditional consumption peak season, gasoline consumption is weaker than expected, while diesel margins remain high but are weakening [7] Group 5 - The long-term outlook suggests a trend towards oversupply in the oil market, with OPEC+ expected to gradually increase production, leading to further pressure on prices [8] - Domestic chemical products are currently at historical low prices, which may provide some stability in profits despite the downward pressure from oil prices [8]