Group 1: General Information - Report Title: Crude Oil Daily [1] - Date: August 13, 2025 [2] - Research Team: Energy and Chemical Research Team [4] Group 2: Market Review and Operation Suggestions - Market Review (USD/barrel or CNY/barrel) - WTI: Opened at 63.48, closed at 64, with a high of 64.44, a low of 63.02, a daily increase of 0.19%, and a trading volume of 20.39 million hands [6] - Brent: Opened at 66.25, closed at 66.71, with a high of 67.13, a low of 65.81, a daily increase of 0.18%, and a trading volume of 22.39 million hands [6] - SC (CNY/barrel): Opened at 495.4, closed at 495.2, with a high of 496.6, a low of 492.3, a daily increase of 0.55%, and a trading volume of 8.06 million hands [6] - Core View - US peak - season consumption has shown no significant improvement this year, and the impact of US - Russia negotiations on oil prices may be short - term. If the US ultimately imposes secondary tariffs on Russian oil, it may be an opportunity to enter short positions [7] - Fundamental Analysis - US and Russian leaders are about to have direct talks, and the US hopes to achieve an early cease - fire in Russia and Ukraine through sanctions. However, Russian crude oil has a relatively complete export channel, so the impact of sanctions remains short - term [6] - As of the week of the 1st, US gasoline demand was below the 5 - year average. Gasoline consumption during the peak season has not significantly recovered, and after 5 consecutive weeks of consumption below the 2024 level, the growth rate has just turned positive. Even with lower gasoline prices, consumption remains weak, indicating that US peak - season travel consumption this year is lower than expected [6] Group 3: Industry News - The Saratov refinery of Rosneft in the Volga region stopped receiving oil after being attacked [8] - Ukrainian President Zelensky discussed sanctions on Russian oil with Modi. They agreed to plan a meeting at the UN General Assembly in September and formulate a mutual visit plan [8] Group 4: Data Overview - The report presents multiple data charts, including global high - frequency crude oil inventories, WTI and Brent fund positions, Dtd Brent prices, WTI and Oman spot prices, US crude oil production growth rate, and EIA crude oil inventories, with data sources from Bloomberg, Wind, CFTC, EIA, etc. [10][12][20][23]
建信期货原油日报-20250813
Jian Xin Qi Huo·2025-08-13 01:53