区域局势升温资金关注油气板块，油气ETF(159697)盘中净申购1900万份

Group 1 - The oil and gas sector continues to attract investment, with the oil and gas ETF (159697) seeing a net subscription of 19 million units during trading [1] - The situation in Venezuela is expected to lead to higher oil prices, with short-term uncertainties impacting the oil transportation market positively [1] - In the short term, Venezuela's oil exports may be limited despite normal operations, potentially shifting oil trade demand to compliant regions, equivalent to a demand for 19 VLCCs [1] - In the medium term, if the US lifts sanctions on Venezuelan oil, maritime transport could fully transition to compliant markets, representing a demand for 46 VLCCs [1] - In the long term, if Venezuelan oil becomes compliant and international capital continues to invest, exports could reach a historical peak of 2.4 million barrels per day, equivalent to a demand for 141 VLCCs [1] Group 2 - As of January 5, 2026, the National Petroleum and Natural Gas Index (399439) shows mixed performance among its constituent stocks, with Zhongtai Co. (300435) leading with a 6.39% increase [1] - The top ten weighted stocks in the National Petroleum and Natural Gas Index (399439) as of December 31, 2025, include major companies such as China National Petroleum (601857) and Sinopec (600028), accounting for 67.11% of the index [2] - The oil and gas ETF (159697) closely tracks the National Petroleum and Natural Gas Index, reflecting the price changes of publicly listed companies in the oil and gas sector [1]