邓正红能源软实力：进口反弹和季节性维护期间炼油活动低迷促使原油库存增加

Core Insights - The article discusses the mixed signals from U.S. inventory data and the oversupply outlook, leading to a decline in international oil prices [1][3][4] Group 1: U.S. Inventory Data - U.S. crude oil inventories increased by 5.202 million barrels, contrary to the expected decrease of 286,000 barrels [1][3] - Gasoline inventories decreased by 4.729 million barrels, while the forecast was a decline of 1.847 million barrels, indicating resilient demand [1][3] Group 2: Oil Price Movements - As of the close on November 5, West Texas Intermediate crude oil for December delivery settled at $59.60 per barrel, down $0.96, a decline of 1.59% [1] - Brent crude oil for January delivery settled at $63.52 per barrel, down $0.92, a decline of 1.43% [1] Group 3: Market Dynamics - The increase in crude oil inventory is attributed to a rebound in imports and low refinery activity during seasonal maintenance [1][3] - Saudi Aramco set its official selling prices for December shipments to Asia, the U.S., and Northwest Europe, indicating a pricing strategy based on market conditions [1][3] Group 4: Theoretical Framework - The article references the "Deng Zhenghong Soft Power Theory," emphasizing the role of market rules and expectations in shaping oil price dynamics [2][3][4] - It highlights the systemic reorganization of multiple soft power elements in the oil market, including supply and demand dynamics, geopolitical factors, and technological advancements [3][4]